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Business, 11.02.2020 04:28 Tink2334

To compute the Chain-weighted real GDP, nominal GDP is adjusted for which type of price changes?

a. Neither changes of general price level nor changes of relative prices.
b. Changes of general price level only.
c. Changes of relative prices only.
d. Both changes of general price level and relative prices.

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To compute the Chain-weighted real GDP, nominal GDP is adjusted for which type of price changes?
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