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    Modern Principles of Economics
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    Exam 6: GDP and the Measurement of Progress
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    Real GDP Is Calculated Using
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Real GDP Is Calculated Using

Question 182

Question 182

Multiple Choice

Real GDP is calculated using:


A) prices at the time of sale.
B) the cost of production.
C) the same prices in all years.
D) a correction for inflation.

Correct Answer:

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