U. s. real gdp a. measures the change in the price level over time. b. precisely measures the improving standard of living in the united states. c. excludes the value of underground production and leisure time. d. is not as accurate as nominal gdp when measuring standard of living changes over time. e. includes the value of underground production but excludes the value of leisure time.

Option A

Explanation: In simple words, real GDP refers to the macroeconomic measures under which the Economist adjust the GDP for the price change over time.

Under such a GDP, the economist tries to find out the volume of output increase rather than the value of the output increase by adjusting the produced commodities for the inflation.

Hence the correct option is A.

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.