Real GDP Is the

question 289

Multiple Choice

Real GDP is the

• A)amount of goods and services available to each individual per period of time.
• B)change in the number of goods and services produced over two periods of time.
• C)value of the goods and services worn out in the production process during one year.
• D)value of production of final output in one year after adjusting for changes in prices during the same perioD.
• E)the value of goods and services produced as of a particular point in time.

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Definitions:

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