Solved

When Economists Talk About Growth in the Economy, How Do

Question 166

Multiple Choice

When economists talk about growth in the economy, how do they measure that growth?


A) with the absolute change in nominal GDP
B) with the percentage change in real GDP
C) with the absolute change in real GDP
D) with the percentage change in nominal GDP

Correct Answer:

verifed

Verified

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

Related Questions