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    Principles of Economics Study Set 11
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    Exam 19: Introduction to Macroeconomics and Gross Domestic Product
  5. Question
    Real Gross Domestic Product (GDP)is Equal to
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Real Gross Domestic Product (GDP)is Equal to

Question 51

Question 51

Multiple Choice

Real gross domestic product (GDP) is equal to


A) current prices* base year output.
B) current prices * current output.
C) base year prices *base year output.
D) base year prices * current output.
E) current output / base year prices.

Correct Answer:

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