The Chain-Weighted Output Index

question 199

Multiple Choice

The chain-weighted output index

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• C) is an inaccurate way to measure growth in real GDP and so has been replaced by the ʺnominal-to-realʺ index.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