Which of the following is true about real and nominal GDP? Only nominal GDP is measured in dollars, but only real GDP is adjusted for inflation. Both are measured in dollars, but only nominal GDP is...

Which of the following is true about real and nominal GDP?

Only nominal GDP is measured in dollars, but only real GDP is adjusted for inflation.

Both are measured in dollars, but only nominal GDP is adjusted for inflation.

Both are measured in dollars, but only real GDP is adjusted for inflation.

Only nominal GDP is measured in dollars, and only nominal GDP is adjusted for inflation.

Jun 09, 2022

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