Multiple Choice
A shortcoming of nominal gross domestic product (GDP) is that
A) an increase in nominal GDP can be caused by changes in either price or quantity.
B) it does not measure changes in employment.
C) it does not measure changes in price.
D) it does not include net exports.
E) it does not include the value obtained through purchases of stocks and bonds.
Correct Answer:
Verified
Correct Answer:
Verified
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