andy6128
14.12.2021 •
Social Studies
Which of the following is true about the real GDP?
A) It measures aggregate output using current prices.
B) It measures aggregate output using constant prices.
C) It is greater than nominal GDP when the GDP deflator is greater than 100.
D) It is equal to nominal GDP multiplied by the GDP deflaton
E) It is equal to the GDP deflator divided by nominal GDP.
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