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In Computing GDP,market Prices Are Used to Value Final Goods

Question 25

Multiple Choice

In computing GDP,market prices are used to value final goods and services because


A) market prices do not change much over time,so it is easy to make comparisons between years.
B) market prices reflect the values of goods and services.
C) market prices reflect the quantity sold.
D) None of the above is correct;market prices are not used in computing GDP.

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