If the nominal GDP in 2005 is higher than in 2004, what can be concluded about the actual quantity of goods and services produced?

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It definitely decreasedIt definitely increasedIt remained unchangedIt could have increased, decreased, or stayed the same since nominal GDP alone does not reveal changes in real outputThere is no change in nominal GDP

Explanation

An increase in nominal GDP does not necessarily indicate a change in real output because nominal GDP is influenced by both price changes and production levels. Therefore, without adjusting for inflation, we cannot determine whether the actual quantity of goods and services produced has risen, fallen, or remained constant.