Nominal GDP measures the value of goods and services produced in a given year valued using
A)constant prices.
B)prices of the same year.
C)no prices.
D)future prices.
E)base year prices.

Name: Nominal GDP measures the value of goods and services produced in a given year valued using A)constant prices. B)prices of the same year. C)no prices. D)future prices. E)base year prices.
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Question

Quizplus · Accepted Answer

Nominal GDP measures the value of goods and services produced in a given year valued using prices of the same year.

Nominal GDP Measures the Value of Goods and Services Produced