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Which of the following statements describes the difference between real and nomi...

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Which of the following statements describes the difference between real and nominal GDP?

Real GDP is measured using constant base-year prices; nominal GDP is measured using current prices.

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Real GDP is equal to nominal GDP multiplied by the CPI.

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Real GDP is equal to nominal GDP less the depreciation of the capital stock.

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Real GDP includes only goods; nominal GDP includes goods and services.

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