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    Exam 4: Goals and Problems of the Macroeconomy: Employment, Prices and Production
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    Real GDP Measures the Value of Production
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Real GDP Measures the Value of Production

Question 29

Question 29

Multiple Choice

Real GDP measures the value of production:


A) adjusted for inflation.
B) relative to potential output.
C) in terms of the output of other nations.
D) in terms of prices at the time of production.

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