The new chain-weighted estimate of GDP has the disadvantage that
A) real GDP is different in amount than GDP measured in current dollars.
B) it reflects only changes in current prices, not changes in the prices of previous years.
C) it is calculated on the basis of fewer goods and services than fixed-weight estimates.
D) the components of GDP do not precisely add up to total GDP.
E) it results in some double counting in the value of GDP.
Correct Answer:
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