Nominal GDP measures the:
A) Inflation-adjusted value of output.
B) Real value of output per worker.
C) Value of output produced in current prices.
D) Value of output produced in constant prices.
Correct Answer:
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Q9: U.S.GDP for 2012 was approximately:
A) $11 trillion.
B)
Q10: Which of the following is NOT included
Q11: Country's GDP is:
A) The sum of the
Q12: Nominal GDP is affected by changes in:
A)
Q13: Which of the following countries currently has
Q15: Changes in real GDP serve as a
Q16: The economy of the United States is
Q17: GDP can be found by:
A) Adding the
Q18: Real GDP is a more accurate measure
Q19: The output of cell phones can be
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