Which of the Following Prices Will Be Used When Calculating

question 6

Multiple Choice

Which of the following prices will be used when calculating the rate of growth of real GDP between the year's 2005 and 2006 using the chain method?

• A)prices in the base year (2002)
• B)prices in 2005
• C)prices in 2006
• D)the average of prices in 2005 and 2006
• E) prices in 2005, 2006, and in 2002 (the base year)

---

Definitions:

Ad Revenues

Money earned from selling advertising space or spots in various media formats, such as TV, radio, print, or online.

Publicity

The act of making something attract the public's attention, often through the media, to generate interest or support.

Social Media Sites

Digital platforms that enable users to create, share, or exchange information, ideas, and content in virtual communities and networks.

American Adults

Individuals over the age of 18 living in the United States, representing various demographics, cultures, and backgrounds.