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  3. Study Set
    Foundations of Macroeconomics Study Set 2
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    Exam 5: GDP: a Measure of Total Production and Income
  5. Question
    How Are Final Goods and Services Valued When Measuring Nominal
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How Are Final Goods and Services Valued When Measuring Nominal

Question 113

Question 113

Multiple Choice

How are final goods and services valued when measuring nominal GDP?


A) at producer cost
B) at base year prices
C) at factor market prices
D) at foreign exchange parity
E) at current market prices

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