Nominal GDP

Question-

Nominal GDP is:

1. the dollar value of all goods and services produced in the economy in some year.

2. the dollar value of all goods and services sold in the economy in some year.

3. the dollar value of all final market goods and services produced in an economy in some year.

4. the inflation-adjusted dollar value of all final market goods and services produced in an economy in some year.

Posted Date: 2/5/2014 7:14:31 PM | Location : United Kingdom(UK)

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