6. In 2002, nominal GDP equaled $10,470 billion and real GDP equaled $10,049 billion in the United States. W?

Answers:0   |   LastUpdateAt:2012-09-25 04:55:03  

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aryanah
Asked at 2012-09-25 04:55:03
A. Nominal GDP includes both imports and exports , while the real GDP excludes international trade . MedlinePlus MedlinePlus B. Nominal GDP is calculated using the prices of goods in 2002 , while real GDP is adjusted for price changes to measure real output . MedlinePlus MedlinePlus C. Nominal GDP is an estimate of economic output and real GDP is the real value of economic output . MedlinePlus MedlinePlus D. Nominal GDP includes both intermediate and final goods and services , while real GDP only includes final goods and services .
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