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You cannot enter a formula with an incorrect structure in Excel. If you attempt to do so, a(n) ____ appears, explaining the error and providing a possible correction.
Nominal GDP
The total market value of all goods and services produced in a country in a given period, measured using current prices without adjusting for inflation.
Current-Year Prices
Prices of goods and services measured during the same year they are produced, not adjusted for inflation; also referred to as "nominal prices."
GDP Price Index
A measure of the change in prices of all new, domestically produced, final goods and services in an economy.
Nominal GDP
The gross domestic product measured at current market prices, without taking inflation into account.
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