if an increase of oil prices leads to the overall price of goods to rise, what type of inflation is a likely cause?

Answer choice d-75 $ if you have apex

Real gdp reflects output more accurately than nominal gdp by using constant prices

Answer the level of output per period will be less than the level of output if workers do not shirkthe total labor cost required to produce a given level of output will be greater than if workers do not shirk but total fixed costs will be unaffected