Solved

When Economists Talk About Growth in the Economy, They Measure

Question 123

Multiple Choice

When economists talk about growth in the economy, they measure that growth as the


A) absolute change in nominal GDP from one period to another.
B) percentage change in nominal GDP from one period to another.
C) absolute change in real GDP from one period to another.
D) percentage change in real GDP from one period to another.

Correct Answer:

verifed

Verified

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

Related Questions