The chain-weighted output index method
A) is used to calculate the value of nominal GDP.
B) values the quantities produced in a year at the prices of the base year.
C) shows that real GDP increases every year.
D) uses the prices of two adjacent years to calculate the real GDP growth rate.
Correct Answer:
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Q378: To see how variables evolve over time
Q379: Which type of graph is used to
Q380: Q381: Real GDP in 2017 is $10 trillion. Q382: The chain-weighted output index method of measuring Q384: A graph shows the wages of factory Q385: A trend is a general tendency for Q386: The chain-weighted output index Q387: A time series graph can show both Q388:
A) uses only the
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