Chain-weighted measures of real GDP make use of prices from:
A)an unchanging base year.
B)a continuously changing base year.
C)a base year that is changed approximately every five years.
D)a base year that is changed approximately every 10 years.

Question

Quizplus · Accepted Answer

Chain-weighted measures of real GDP use a continuously changing base year to account for changes in the relative prices of goods and services over time, providing a more accurate reflection of economic growth.

Chain-Weighted Measures of Real GDP Make Use of Prices From