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If real GDP in 2018 (base year = 2017) is lower than nominal GDP of 2017, then Part 2 A. real GDP in 2017 is
If real GDP in 2018 (base year = 2017) is lower than nominal GDP of 2017, then Part 2 A. real GDP in 2017 is less than real GDP in 2018. B. real GDP in 2017 is equal to real GDP in 2018. C. real GDP in 2017 is greater than real GDP in 2018. D. There is not enough information to determine the relationship between real GDP in 2017 and real GDP in 2018.In calculating gross domestic product, the Bureau of Economic Analysis uses the sum of the market value of final goods and services produced. This means that the BEA Question content area bottom Part 1 A. values goods at their market prices, multiplies them by the quantity produced, and then adds them up. B. values goods and services at their market prices, multiplies them by the quantity produced, and then adds them up. C. simply counts the total number of goods and services produced in the marketplace and then adds them up
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