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    Macroeconomics Study Set 17
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    Exam 8: GDP: Measuring Total Production and Income
  5. Question
    Using "Chain-Weighted" Prices to Calculate Real GDP Remedies the Distortions
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Using "Chain-Weighted" Prices to Calculate Real GDP Remedies the Distortions

Question 35

Question 35

True/False

Using "chain-weighted" prices to calculate real GDP remedies the distortions causes by changes in relative prices over time.

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