Which of the following measures the actual quantity of goods and services produced in the United States?

Question

Quizplus · Accepted Answer

Real GDP measures the actual quantity of goods and services produced in the United States, adjusted for inflation. Nominal GDP simply measures the value of all goods and services produced in the United States, without adjusting for inflation. GDP per worker and real GDP per capita are measures of productivity and standard of living, respectively, but they do not directly measure the quantity of goods and services produced.

Which of the Following Measures the Actual Quantity of Goods