Which of the Following Is TRUE Regarding the Chain-Weighted Output

Multiple Choice

Which of the following is TRUE regarding the chain-weighted output index method?
I. It is the method used to measure the growth rate of nominal GDP.
II. It uses data from the current year and from the previous year.
III. It is a method of measuring the growth rate of real GDP.

A) I and II
B) II and III
C) I and III
D) I, II and III