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    Essential Foundations of Economics Study Set 1
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    Exam 14: Gdp: a Measure of Total Production and Income
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    Nominal GDP Is GDP
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Nominal GDP Is GDP

Question 22

Question 22

Multiple Choice

Nominal GDP is GDP


A) using current market values.
B) during a recession.
C) minus depreciation.
D) after adjusting for any price changes.
E) that ignores depreciation.

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