Which factor is used to accurately measure the growth rate of output between two years?

Question

Quizplus · Accepted Answer

Real gross domestic product (GDP) is the most accurate measure of economic output because it takes price changes (inflation or deflation) into account. Nominal GDP does not account for price changes, so it cannot accurately measure changes in output. Net domestic product and real net investment are not measures of output growth rates.

Which Factor Is Used to Accurately Measure the Growth Rate