What Does Real GDP Measure

Multiple Choice

What does real GDP measure?

A) the constant-dollar value of the potential output of the nation's economy over the period of one year
B) the constant-dollar value of total output produced by the nation's economy over the period of one year
C) the fluctuations of national income around its long-term trend
D) the annual growth rate of real national income
E) the long-term trend in total output produced by the nation's economy