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Match the statements below to their corresponding GDP Measures current production using current market prices Nominal GDP Measures current production using constant market prices Real

Match the statements below to their corresponding GDP

Measures current production using current market prices

Nominal GDP

Measures current production using constant market prices

Real GDP

Changes in ________ reflect changes in prices and quantity produced through time

Real GDP

Changes in _________ only reflects changes in prices through time

Nominal GDP

Changes in ________ reflect changes in quantity produced through time

Nominal GDP

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