Nominal Gross Domestic Product (GDP)is Equal to

question 110

Multiple Choice

Nominal gross domestic product (GDP) is equal to

• A) (current prices)*(base year output).
• B) (current prices)*(current output).
• C) (base prices)* (base year output).
• D) (base year prices)/(current output).
• E) (current output)/ (base year prices).

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Definitions:

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Strategic process of ensuring an organization has the right number of people with the right skills at the right time to achieve its objectives.