Which type of GDP takes inflation into account and uses adjusted market prices?
A) real
B) frictional
C) adjusted
D) cyclical

Name: Which type of GDP takes inflation into account and uses adjusted market prices? A) real B) frictional C) adjusted D) cyclical
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Question

Quizplus · Accepted Answer

Real GDP takes inflation into account by using adjusted market prices, adjusting for changes in the price level over time, and providing a more accurate measure of economic output. The other options are not related to the calculation of GDP.

Which Type of GDP Takes Inflation into Account and Uses