Real GDP is GDP in a given year
A) valued in the prices of the base year. B) valued in the prices of that year.
C) adjusted only for unanticipated inflation. D) adjusted only for anticipated inflation.
A
Economics
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The Leontief paradox found that:
a. exports should always be capital intensive. b. imports should always be labor intensive. c. U.S. exports were labor intensive. d. U.S. exports were capital intensive
Economics
The need for exchange controls may arise from
(a) overvalued exchange rates. (b) export promotion policies. (c) a current account surplus. (d) all of the above.
Economics