The total value of all final goods and services produced in the economy in a given year, calculated with the prices current in the year in which the output is produced, is real GDP.
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Q341: GDP per capita measures the value of
Q342: Real GDP will increase if aggregate output
Q343: If real GDP falls when nominal GDP
Q344: If real GDP falls when nominal GDP
Q345: Between 2000 and 2013, the nominal GDP
Q347: The total value of all final goods
Q348: Aggregate output is the total quantity of
Q349: The aggregate price level is the average
Q350: Chain linking is the method of calculating
Q351: Aggregate output is the total quantity of
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