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Real Vs Nominal Quiz 1 (3 MCQs)

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1. Real GDP evaluates _____ production at _____ prices.
2. Money makes it possible to _____ the value of goods and services, and interest rates provide a measure of the _____ of money that is borrowed or saved.
3. Bridges and roads belong in which part of the GDP formula? GDP = C+I+G+(X-M)

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