Multiple Choice
When GDP and other national income accounts are measured in nominal values, then they
A) are measured in current market prices.
B) are measured in real values.
C) are not comparable because they are not in real terms.
D) should be converted into money values before comparing them over time.
Correct Answer:
Verified
Related Questions
Q361: Constant dollars are
A) the same as current
Q362: The nominal value of an economic variable