To calculate real GDP, ________.
A. multiply the quantities and prices of final goods and services produced in an economy in a year by their prices in that year and then sum the values
B. multiply the quantities of all goods and service produced in an economy in a year by their price in that year and then total the result
C. sum the quantities of all final goods and services produced in an economy in a year
D. multiply the quantities of final goods and services produced in an economy in a year by their prices in a base year and then sum the values
Answer: D
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