The value of currently produced final goods and services measured in constant prices is called:

A) real GDP.
B) nominal GDP.
C) imputed values.
D) inflation.

A

Economics

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Which of the following backs our money supply?

a. The words "This note is legal tender." b. The faith in the government c. The faith that people will take it in exchange for goods and services d. Precious metals

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We expect the marginal utility curve to be downward sloping

Indicate whether the statement is true or false

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