When calculating nominal GDP, the volume of output is measured using? Multiple Choice weight. the market value adjusted for inflation. the number of people employed. the current market value.
When calculating nominal GDP, the volume of output is measured using? Multiple Choice weight. the market value adjusted for inflation. the number of people employed. the current market value.
Chapter11: Gross Domestic Product
Section: Chapter Questions
Problem 5SQ
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Question
100%
When calculating nominal GDP, the volume of output is measured using?
Multiple Choice
-
weight.
-
the market value adjusted for inflation.
-
the number of people employed.
-
the current market value.
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