When measuring the actual output produced in an economy,one should focus on GDP measured in nominal terms.

Name: When measuring the actual output produced in an economy,one should focus on GDP measured in nominal terms.
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GDP measured in nominal terms only reflects the current market value of goods and services produced without taking into account inflation or changes in prices. Real GDP, which takes inflation into account, is a more accurate measure of the actual output produced in an economy.

When Measuring the Actual Output Produced in an Economy,one Should