annarivero1659 annarivero1659
  • 28-10-2019
  • Business
contestada

If you wanted to compare the quantity of output of a country across time periods, you should _______

Respuesta :

DelcieRiveria DelcieRiveria
  • 29-10-2019

Answer:

Use real GDP

Explanation:

Real GDP measures the change in output on the basis of constant price. The value of output is determined on the basis of some base year price.  

It is an inflation-adjusted measure of economic growth. It measures the change in economic output without changing the product price.  

Thus it can be used to make comparisons across time periods as it does not include changes in the price level.

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