Nominal GDP is another term for
A)current dollar GDP.
B)constant dollar GDP.
C)adjusted dollar GDP.
D)relative value GDP.

Name: Nominal GDP is another term for A)current dollar GDP. B)constant dollar GDP. C)adjusted dollar GDP. D)relative value GDP.
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Question

Quizplus · Accepted Answer

Nominal GDP refers to the total value of goods and services produced in a country, measured in current market prices. It is also known as current dollar GDP as it is not adjusted for inflation.

Nominal GDP Is Another Term for