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QUESTION
Real GDP A. equals nominal GDP divided by the CPI. under chain weighting equals real consumption+ real investment+ real government purchases+ real...
Real GDP
A.equals nominal GDP divided by the CPI.
B.under chain weighting equals real consumption+ real investment+ real government purchases+ real net exports.
C.growth rates under chain weighting change when the base year changes.
D.and nominal GDP are equal in the base year because current prices andbase-year prices are the same in the base year.
