Real GDP Is Calculated by

Multiple Choice

Real GDP is calculated by

A) adding up all the goods and services produced in the economy, valued in current year market prices.
B) adding up all the goods and services produced in the economy, valued in base year market prices.
C) adding up all the final goods and services produced in the economy, valued in current year market prices.
D) adding up all the final goods and services produced in the economy, valued in base year market prices.