________ is GDP measured in current dollars with all components valued at current prices.
A) Per capita GDP
B) Net GDP
C) Adjusted GDP
D) Nominal GDP
E) Real GDP

Question

Quizplus · Accepted Answer

Nominal GDP is the measure of GDP using current dollars and current market prices for all goods and services produced within a country's borders during a specific period. It does not adjust for inflation or changes in purchasing power.

________ Is GDP Measured in Current Dollars with All Components