Nominal GDP uses current market prices and real GDP measures GDP using base-year prices.
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Q116: Disposable personal income is that part of
Q117: Changes in nominal GDP
A) are due to
Q118: Personal income equals:
A) net national product plus
Q119: Net national product equals:
A) gross national product
Q120: The income earned by those who supply
Q122: Unemployment benefits provided by the U.S. government
Q123: Which of the following is the best
Q124: As households eat out more, purchase more
Q125: An increase in real GDP
A) reduces the
Q126: Real GDP per capita measures
A) GDP less
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