Real GDP is a measure of the economy's
A) unemployment level.
B) output level.
C) stock market level.
D) inflation rate.

Name: Real GDP is a measure of the economy's A) unemployment level. B) output level. C) stock market level. D) inflation rate.
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

Real GDP measures the value of all goods and services produced by an economy in a given period, adjusted for inflation, thus reflecting the economy's output level.

Real GDP Is a Measure of the Economy's