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Answer : 1. "Nominal GDP"
The value of GDP at the current prevailing prices is called _______.
5Q:
The value of GDP at the current prevailing prices is called _______.
- 1Nominal GDPtrue
- 2Current GDPfalse
- 3Domestic GDPfalse
- 4Real GDPfalse
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Answer : 1. "Nominal GDP"
Explanation :
Nominal GDP is the value of GDP at the current prevailing prices.