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    Exam 7: Inflation and the Measurement of Prices
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    A Nominal Quantity Is One That Is Measured
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A Nominal Quantity Is One That Is Measured

Question 16

Question 16

Multiple Choice

A nominal quantity is one that is measured


A) using the GDP deflator.
B) in current dollar value.
C) in physical, or constant, terms.
D) using the CPI.

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