Real GDP is measured in __________ prices while nominal GDP is measured in _________ prices?

Related Mcqs:

Irreversibility refers to ?

A. natural resource that cannot be reproduced in the future if we fail to preserve them now B. obtaining intellectual property rights for products C. natural extinction of various species in DCs D. industrialization replacing agriculture in LDCs...

The green house effect is the phenomenon by which ?

A. biological diversity is dominant in agricultural production B. the globe’s water pollution affects plankton C. the earth’s atmosphere traps infrared radiation D. climatic changes occur naturally in the forest...

GDP would include which of the following ?

A. the value of taking a day off from work B. consulting services C. intermediate sales D. illegal drug sales E. housework...

If Pakistan’s GDP exceeds Pakistan’s GNP, then ?

A. intermediate production exceeds final production B. foreigners are producing more in the Pakistan then Pakistanis are producing in foreign countries C. real GNP exceeds nominal GNP D. real GDP exceeds nominal GDP...

Gross Domestic Product is the sum of the market value of the ?

A. intermediate goods B. final goods and services C. manufactured goods D. inferior goods and services normal goods and services...