The Real GDP Refers to the Value of Final Output

question 24

Multiple Choice

The real GDP refers to the value of final output produced in a given period,adjusted for

• A)No prices.
• B)Final prices.
• C)Fixed prices.
• D)Changing prices.

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Definitions:

Receptors

Sensory cells or structures in the body that respond to specific stimuli from the external or internal environment.

Cochlea

Coiled, fluid-filled structure in the inner ear that holds the mechanoreceptors involved in hearing.

Ducts

Passages or tubes that carry fluids from one area to another in the body or in other organisms, often relating to glands or excretory systems.

Coiled

Shaped into a series of spirals or concentric rings.