GDP in Current Dollars Is Equivalent to Which of the Following

question 2

Multiple Choice

GDP in current dollars is equivalent to which of the following?

• A)real GDP
• B)GDP in terms of goods
• C)GDP in 2000 dollars
• D)GDP in constant dollars
• E) none of the above

---

Definitions:

Issued Bonds Payable

Long-term liabilities representing borrowed funds that a company must repay to bondholders.

Paid Note Payable

The satisfaction or settlement of a debt instrument or promissory note through payment by the debtor to the lender according to the agreed terms.

Common Stock

Equity ownership in a corporation, with voting rights and the potential to receive dividends.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the open market.