The term "real GDP" refers to:
A) the value of the domestic output after adjustments have been made for environmental pollution and changes in the distribution of income.
B) GDP data which embody changes in the price level, but not changes in physical output.
C) GDP data which reflect changes in both physical output and the price level.
D) GDP data which have been adjusted for changes in the price level.
Correct Answer:
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A)with expected lives of
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