The Chain- Weighted Output Index

question 244

Multiple Choice

The chain- weighted output index

• A) uses prices for the current year and the previous year to calculate growth in real GDP.
• B) uses only the current year's prices to calculate growth in real GDP.
• C) is an inaccurate way to measure growth in real GDP and so has been replaced by the "nominal- to- real" index.
• D) must be calculated only every other year.

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