Real GDP is measured in _____ dollars ____ time.
A) current; at a point in
B) current; over a period of
C) constant; at a point in
D) constant; over a period of

Question

Quizplus · Accepted Answer

Real GDP is adjusted for inflation by using constant dollars, which accounts for changes in the price level. Real GDP is also measured over a period of time, usually a year or a quarter, in order to provide a more accurate representation of the economy's performance. Therefore, choice D is the correct answer.

Real GDP Is Measured in _____ Dollars ____ Time

Real GDP Is Measured in _ Dollars Time