Nominal GDP Is Another Term for

question 162

Multiple Choice

Nominal GDP is another term for

• A)current dollar GDP.
• B)constant dollar GDP.
• C)adjusted dollar GDP.
• D)relative value GDP.

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Definitions:

Par Value

A nominal value assigned to share of stock in the charter of a corporation, often used in the calculation of capital accounts.

Stated Value

A nominal value assigned to no-par-value stock by the corporation's board of directors to serve as the base figure for the accounting of the stock.