Which of the Following Does Not Represent Real GDP

question 20

Multiple Choice

Which of the following does not represent real GDP?

• A)GDP in current dollars
• B)GDP in terms of goods
• C)GDP in base year dollars
• D)GDP in constant dollars

---

Definitions:

Weighted Average

A calculation that considers the varying weights of different items in a dataset, providing a measure that reflects their relative importance.

Free Cash Flow

The cash that a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Expansionary Gaps

Situations where actual GDP exceeds potential GDP, leading to inflationary pressure due to high demand.

Contractionary Gaps

Contractionary gaps occur when an economy’s actual output is lower than its potential output, often leading to unemployment and underutilized resources.