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Which of the following is best described as: GDP measured at constant prices to remove price-change effects

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Question ID #27434 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC 2026 Full-Length Mock Test 9 Medium

Correct Answer: A. Real GDP
The correct answer is Real GDP. GDP measured at constant prices to remove price-change effects

Question: Which of the following is best described as: GDP measured at constant prices to remove price-change effects

A. Real GDP

B. Current account

C. Balance of payments

D. Fiscal deficit

Correct Answer: A. Real GDPThe correct answer is Real GDP. GDP measured at constant prices to remove price-change effects

Which of the following is best described as: GDP measured at constant prices to remove price-change effects - MCQ Explanation

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Correct answer: A. Real GDP