menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 48
  4. Exam
    Exam 7: GDP and the CPI: Tracking the Macroeconomy
  5. Question
    Nominal GDP
Solved

Nominal GDP

Question 157

Question 157

Multiple Choice

Nominal GDP:


A) has not been adjusted for changes in prices over time.
B) has been adjusted for changes in prices over time.
C) is a small or nominal amount of output.
D) excludes the international sector.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q152: Which equation is the BEST one for

Q153: Use the following to answer questions: <img

Q154: In the United States, investment spending accounts

Q155: Goods that are produced in a particular

Q156: Which example illustrates consumption?<br>A) a new computer

Q158: Inventory is counted as investment because it:<br>A)

Q159: Use the following to answer questions: <img

Q160: Use the following to answer questions: <img

Q161: Purchases of _ are included in GDP.<br>A)

Q162: Domestically produced goods and services sold to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines