Which of the following is TRUE about the measurement of nominal-09285
Which of the following is TRUE about the measurement of nominal Gross Domestic Product?
This multiple choice question (MCQ) is related to the book/course vu eco403 Macroeconomics. It can also be found in vu eco403 Final Term - Quiz No.13.
Which of the following is TRUE about the measurement of nominal Gross Domestic Product?
It is measured in current dollars
It is measured in fixed dollars
It is measured at a constant output level
It is measured as the difference between the current year's GDP and last year's GDP