If economists calculate the GDP for 2009, using current prices of year 2009, what are they estimating?
(A) Net national product
(B) Real GDP
(C) Nominal GDP
(D) Depreciation
Ans: (C) Nominal GDP
Economics
(A) Net national product
(B) Real GDP
(C) Nominal GDP
(D) Depreciation
Ans: (C) Nominal GDP