If Current Prices Are Used to Calculate the Value of Total

question 46

Multiple Choice

If current prices are used to calculate the value of total output produced by a country during a specific period of time, the result is called:

• A)real GDP.
• B)nominal GDP.
• C)full employment GDP.
• D)constant dollar GDP.

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Definitions:

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A program that teaches individuals how to provide immediate care to a person who is injured or suddenly becomes ill until professional medical help arrives.

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