Multiple Choice
Real GDP refers to
A) the value of the domestic output after adjustments have been made for environmental pollution and changes in the distribution of income.
B) GDP data that embody changes in the price level but not changes in physical output.
C) GDP data that do not reflect changes in both physical output and the price level.
D) GDP data that have been adjusted for changes in the price level.
Correct Answer:
Verified
Correct Answer:
Verified
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