A change in real GDP sums up changes in
A) prices alone.
B) physical production alone.
C) physical production minus changes in price.
D) physical production and prices.
Correct Answer:
Verified
Q68: (C + S +T)most closely approximates
A)personal income.
B)personal
Q69: The current official "base year" is
A)2000.
B)1992.
C)1980.
D)1972.
Q70: Suppose exports and imports both rise by
Q71: We go from personal income to personal
Q72: Which of the following sets of categories
Q74: If real GDP for a given year
Q75: From the perspective of households the uses
Q76: A change in nominal GDP sums up
Q77: Actual real GDP this year is expected
Q78: The leakage and injections approach implies that
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