Nominal GDP is GDP
A)using current market values.
B)during a recession.
C)minus depreciation.
D)after adjusting for any price changes.
E)that ignores depreciation.

Name: Nominal GDP is GDP A)using current market values. B)during a recession. C)minus depreciation. D)after adjusting for any price changes. E)that ignores depreciation.
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Question

Quizplus · Accepted Answer

Nominal GDP is calculated using current market values, meaning it does not take into account any inflation or price changes.

Nominal GDP Is GDP