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Real Gross Domestic Product (RGDP) Is a Better Indicator Than

Question 19

Multiple Choice

Real Gross Domestic Product (RGDP) is a better indicator than Gross Domestic Product (GDP) of the amount of goods and services produced in Canada because:


A) GDP does not include transactions that do not have a market price, such as volunteer work.
B) GDP measures production undertaken by Canadians regardless of where they work.
C) RGDP takes into consideration changes in the population.
D) RGDP adjusts GDP for inflation.

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