AP Macroeconomics Question 114: Answer and Explanation

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Question: 114

13. Real GDP

  • A. is actual GDP as opposed to the estimate made by the BEA.
  • B. is also called current-dollar GDP.
  • C. is GDP adjusted for price changes.
  • D. is not calculated for the United States.
  • E. and are both correct.

Correct Answer: C