Nominal GDP is GDP
A)during a recession.
B)after adjusting for any price changes.
C)using current market values.
D)that ignores depreciation.
E)minus depreciation.

Name: Nominal GDP is GDP A)during a recession. B)after adjusting for any price changes. C)using current market values. D)that ignores depreciation. E)minus depreciation.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

Nominal GDP is calculated using current market prices, without adjusting for inflation or deflation.

Nominal GDP Is GDP