Real GDP Means the Value of Goods and Services Is

question 30

Multiple Choice

Real GDP means the value of goods and services is measured in ______ prices.

• A) current
• B) actual
• C) constant
• D) average

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Definitions:

Certification Program

A structured program that provides training and assessment, leading to an official certification to verify an individual's competence in a specific field or technology.

Clutches

mechanical devices used to engage and disengage the power transmission from the driving shaft to the driven shaft.

Powertrains

The components of a vehicle that generate power and deliver it to the road surface, including the engine, transmission, driveshafts, and differentials.

Class Rating

A classification that denotes the strength, capacity, or quality of equipment, materials, or vehicles according to a standard scale.