To find real gdp, we must multiply the nominal gdp by a ratio less than 1. what does this mean?

a. real gdp will always be greater than nominal gdp during periods of inflation.
b. nominal gdp will always be less than real gdp during periods of inflation.
c. nominal gdp will always be greater than real gdp during periods of inflation.

7. design a circuit with three inputs (x, y, and z) representing the bits in a binary number, and three outputs (a, b, and c) also representing bits in a binary number. when the input is 1, 2, or 3, the binary output should be one lesser than the input. when the input is 4, 5, or 6, the binary output should be one greater than the input. when the input is 0, the output is 0, and when the input is 7, the output is 7. show your truth table, all computations for simplification, and the final circuit.