Real GDP is measured in base year prices while nominal GDP is measured in current year prices.
Therefore, the correct answer is: e. base year; current year
a. domestic; foreign
b. current year; base year
c. intermediate; final
d. foreign; domestic
e. base year; current year
1 answer
Real GDP is measured in base year prices while nominal GDP is measured in current year prices.
Therefore, the correct answer is: e. base year; current year