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Discuss any two differences between GDP at constant prices and GDP at current Prices.

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Two main differences between GDP at current prices and at constant prices are: (i) GDP at current prices are measured at current years prices, whereas GDP at constant prices are measured at base years prices. (ii) GDP at current prices may increase even if there is no flow of goods and service, whereas GDP at constant prices will only increase when there is an increase in the flow of goods and services.

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