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mina [271]
3 years ago
8

9.

Business
2 answers:
lara31 [8.8K]3 years ago
6 0

Answer:

by eliminating the effects of price increases on GDP growth

Explanation:

To correct for an increase in prices, economists establish a set of constant prices by choosing one year as a base year and using this base year to calculate real GDP for other years.

svp [43]3 years ago
4 0
A. By eliminating the effects of price increases on GDP growth. Nominal GDP is calculated using the current prices while Real GDP is adjusted for inflation.
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