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    Macroeconomics Australia Study Set 1
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    Exam 5: GDP: a Measure of Total Production and Income
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    Nominal GDP Is GDP
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Nominal GDP Is GDP

Question 38

Question 38

Multiple Choice

Nominal GDP is GDP


A) after adjusting for any price changes.
B) that ignores depreciation.
C) using current market values.
D) minus depreciation.
E) during a recession.

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