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    Principles of Economics Study Set 12
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    Exam 18: Measuring the Production, Income, and Spending of Nations
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    A Measure of Production That Does Not Correct for Inflation
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A Measure of Production That Does Not Correct for Inflation

Question 44

Question 44

Multiple Choice

A measure of production that does not correct for inflation is


A) real GDP.
B) nominal GDP.
C) value added.
D) the CPI.
E) the GDP price deflator.

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