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What does 'real' in real GDP stand for?

It represents the GDP adjusted for volume

It signifies the GDP calculated using current market values

It denotes the GDP adjusted for inflation

It means the GDP measured in terms of physical units

It refers to the GDP excluding international transactions

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A-Level Edexcel Economics A Measures of Economic Performance Revision Notes

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Measures of Economic Performance Revision Notes, Past Papers & Questions for A-Level Edexcel Economics A

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What does 'real' in real GDP stand for?

A-Level Edexcel Economics A Measures of Economic Performance Revision Notes

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