Real GDP __________. - 2751

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Real GDP __________.

A.  evaluates current production at the prices that prevailed in some specific year in the past.

B.  is not a valid measure of the economy's performance, since prices change from year to year.

C.  is a measure of the value of goods only; it excludes the value of services.

D.  evaluates current production at current prices.

Solution Description

Real GDP __________.