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What is the difference between real GDP and nominal GDP? (1 point)
O Nominal GDP is adjusted for inflation, while real GDP is not.
O Real GDP is adjusted for inflation, while nominal GDP is not.
Nominal GDP includes the value of all governmental goods and services, while real GDP only sums the goods and services from the private sector.
Real GDP includes the value of all governmental goods and services, while nominal GDP only sums the goods and services from the private sector.
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answered1 month ago