Which of the following is TRUE about the measurement of Real-09299
Which of the following is TRUE about the measurement of Real 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.14.
Which of the following is TRUE about the measurement of Real Gross Domestic Product?
It is measured in the prices of a base year
It is measured in current dollars
It is measured at a constant output level but at current prices
It is measured as the difference between the current year's GDP and last year's GDP