Changes in nominal GDP over time ... Select one: a. ... reflect changes in the quantity of goods and services produced, their prices, or both. b. ... are not affected by inflation. c. ... indicate the the economy is in a recession. d. ... reflect changes in the quantities of good and services produced only.

A. reflect changes in the quantity of goods and services produced, their prices, or both

Explanation:

Changes in nominal GDP reflect both changes in quantities and changes in prices.  

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o