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The Difference Between Nominal GDP and Real GDP Is

Question 213

Multiple Choice

The difference between nominal GDP and real GDP is


A) the indirect taxes used in their calculations.
B) the prices used in their calculations.
C) that nominal GDP includes the depreciation of capital and real GDP does not.
D) that nominal GDP includes net exports of goods and services and real GDP includes net imports.
E) that real GDP includes the depreciation of capital and nominal GDP does not.

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