Which Statement About Nominal and Real GDP Is Incorrect

Multiple Choice

Which statement about nominal and real GDP is incorrect?

A) Real GDP per person is a better measure of standard of living than nominal GDP per person.
B) Canadian real GDP includes products and services produced by Canadian-owned businesses, no matter where in the world they are located.
C) Real GDP is measured as a flow.
D) Nominal GDP is measured as a flow.
E) If real GDP is higher this year than last year, this indicates positive economic growth.