Real GDP is a more accurate measure of an economy's production than nominal GDP because:

Question 2Select one:

A.Real GDP includes the value of exports, but nominal GDP does not

B.Real GDP does not include the value of intermediate goods and services, but nominal GDP does

C.Real GDP measures the value of the goods and services an economy produces and eliminates the effects of changing prices. Nominal GDP does not control for changing prices.

D.Real GDP is not influenced by price changes, but nominal GDP is