State true or false with reasons-- 1 Nominal GDP can never be less than real GDP 2 - Economics - National Income Accounting

Question

State true or false with reasons--
1 Nominal GDP can never be less than real GDP
2 Gross domestic capital formation is always greater than gross
fixed capital formation

Vanita Rana · Accepted Answer

1 False â€‹Nominal GDP
can be less than real GDP if the prices in current year is less
than the prices in the base year
2 False Gross domestic capital formation
can be less than gross fixed capital formation if change in
stock is negative

State true or false with reasons-- 1. Nominal GDP can never be less than real GDP. 2. Gross domestic capital formation is always greater than gross fixed capital formation.

State true or false with reasons--

1. Nominal GDP can never be less than real GDP.

2. Gross domestic capital formation is always greater than gross fixed capital formation.