is the output at base year prices ........

Introductory Macro Economics National Income Accounting

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_____________is the output at base year prices.

Nominal GDP

Real GDP

National GDP

None of the Above

Explanation:

Option (2) is correct.
Explanation: When the goods and services are produced by all producing units in the domestic territory of a country during an accounting year and valued at base year's
prices or constant price, it is called real GDP or GDP at constant prices.

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