Solved

The Chain-Weighted Output Index

Question 201

Multiple Choice

The chain-weighted output index


A) uses only the current year's prices to calculate growth in real GDP.
B) uses prices for the current year and the previous year to calculate growth in real GDP.
C) must be calculated only every other year.
D) is an inaccurate way to measure growth in real GDP and so has been replaced by the "nominal-to-real" index.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions