Gross Domestic Product (GDP)

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Business
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11th Grade - University
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Hard
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3 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the difference between nominal GDP and real GDP?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What are some limitations of using GDP as a measure of economic health?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What alternatives to GDP are suggested for measuring economic health?
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