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Real GDP Measures

Question 14

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Real GDP measures


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

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