The Measure of GDP That Has NOT Been Adjusted for Changes

question 60

Multiple Choice

The measure of GDP that has NOT been adjusted for changes in prices is called:

• A) annual GDP
• B) nominal GDP
• C) real GDP
• D) aggregate GDP

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Definitions:

Listed Price

The price at which a security is listed for trading on a stock exchange.

Futures Contract

A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, often used for commodities or financial instruments.

Hedge Ratio

The hedge ratio is a financial ratio that compares the value of a position protected through hedging with the size of the entire position itself.

Futures Position

A contractual agreement to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.