Question

Consider the following statements. Assertion (

  • A : Real GDP provides a better picture of the economy than nominal GDP. Reason (
  • R : Real GDP is calculated in a way such that the goods and services are evaluated after deducting the loss after depreciation. Select the correct option from the given codes:
A A and R both are correct and R is the correct explanation for A.
B A and R both are correct but R is not the correct explanation for A.
C A is correct but R is incorrect.
D A is incorrect but R is correct.
E None of the above
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