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Author Question: Real GDP is gross domestic product measured (Read 87 times)

newbem

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on: Apr 19, 2019

Question 1

Nominal GDP is gross domestic product measured


◦ in the prices of a base year.
◦ in current dollars.
◦ at a constant output level but at the base-year prices.
◦ as the difference between the current year's GDP and last year's GDP.

Question 2

Real GDP is gross domestic product measured


◦ at a constant output level but at current prices.
◦ in current dollars.
◦ in the prices of a base year.
◦ as the difference between the current year's GDP and last year's GDP.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by newbem on Apr 19, 2019

yuyiding

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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newbem

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Reply #2 on: Apr 19, 2019
Excellent


yuyiding

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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