A. intermediate goods
B. final goods and services
C. manufactured goods
D. inferior goods and services
normal goods and services
Natural Resources and the Environment Toward Sustainable Development
Real GDP is measured in ………. prices while nominal GDP is measured in ……… prices?
A. foreign; domestic
B. current year; base year
C. domestic; foreign
D. base year; current year
E. intermediate; final
UK GDP would exclude which of the following ?
A. Lawyer services purchased by a home buyer
B. The purchase of a new Nissan produced in Sunderland
C. Copper purchased by tap manufacturer Bristan
D. A new art gallery purchased by the city of Newcastle
E. Lawn care services purchased by a home owner.