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To Calculate Nominal GDP,the Quantities of Goods and Services Are

Question 137

Multiple Choice

To calculate nominal GDP,the quantities of goods and services are valued at prices in the ________ year,but to calculate real GDP,they are valued at prices in the ________ year.


A) current;base
B) base;current
C) current;current
D) base;base
E) current;last

Correct Answer:

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