3.

What measurement is used to compare output in Canada for two different time periods?The measurement that is used to compare output in Canada for two different time periods is _______.

A.

nominal GDP because nominal GDP uses current prices

B.

real GDP because real GDP is excludes depreciation

C.

real GDP because real GDP values production in the prices of a reference base year

D.

nominal GDP because nominal GDP puts a greater weight on investment than real GDP