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333

Q:

The value of GDP at the current prevailing prices is called _______.

  • 1
    Nominal GDP
  • 2
    Current GDP
  • 3
    Domestic GDP
  • 4
    Real GDP
  • Show Answer
  • Workspace

Answer : 1. "Nominal GDP"
Explanation :

Nominal GDP is the value of GDP at the current prevailing prices.

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Basic GK Economics GK

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