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Introducing Concepts - Nominal GDP and Real GDP
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Problem 9
Introducing Concepts - Nominal GDP and Real GDP
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10. Introducing Economic Concepts / Introducing Concepts - Nominal GDP and Real GDP / Problem 7
Problem 7
Which GDP measure is more likely to reflect changes in production levels accurately?
A
Both nominal and real GDP equally
B
Real GDP
C
Neither nominal nor real GDP
D
Nominal GDP
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