Why is real GDP a more accurate measure of an economy's production than nominal GDP?
A. Real GDP measures the value of the goods and services an economy produces, but nominal GDP measures the value of the goods and services an economy consumes.
B. Real GDP is not influenced by price changes, but nominal GDP is.
C. Real GDP includes the value of exports, but nominal GDP does not.
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Home » Business » Why is real GDP a more accurate measure of an economy's production than nominal GDP? A. Real GDP measures the value of the goods and services an economy produces, but nominal GDP measures the value of the goods and services an economy consumes. B.