Real GDP Is the

question 55

Multiple Choice

Real GDP is the

• A)Value of final output produced,adjusted for changing prices.
• B)Value of final output produced,measured in current prices.
• C)Income earned by current factors of production.
• D)GDP minus depreciation.

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Definitions:

Bondholder's Risk

The risk that a bond issuer will default, resulting in the loss of both periodic interest payments and the principal investment to the bondholder.