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The _ (blank) _ of any economic statistic means the statistic is measured in terms of...

The _ (blank) _ of any economic statistic means the statistic is measured in terms of actual prices that exist at the time. The _ (blank) _ refers to the same statistic after it has been adjusted for inflation. Select one: a. Gross national product, Gross domestic product b. Net national product, Gross national product c. Nominal value, Real value d. Real value, nominal value

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The correct answer is option c that is nominal value , real value as these are the definitions of nominal and real values.

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