Business, 19.11.2019 02:31 197224

Determine whether each description refers to nominal gross domestic product (gdp) or real gdp.
a. a measure of an economy's output using current prices.
b. a measure of an economy's output using constant prices.
c. a measure of output that is adjusted for inflation.
d. a measure of output that is not adjusted for inflation.

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Determine whether each description refers to nominal gross domestic product (gdp) or real gdp.

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