True/False
Nominal GDP is measured by calculating real GDP at constant prices.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q55: If real GDP was 100 in 2011
Q56: The "expansion" of an economy occurs after<br>A)
Q57: Business cycles are<br>A) movements in stock prices.<br>B)
Q58: Recall the Application about the link between
Q59: The amount of income that households keep
Q61: One of the flaws of GDP is
Q62: Recall the Application about the size of
Q64: GDP ignores transactions that take place in
Q65: A depression is<br>A) a severe recession.<br>B) a
Q276: When GDP is measured in "current prices"