straylay123
straylay123 straylay123
  • 04-07-2021
  • Business
contestada

please help me,its economics, what is the other for real GDP and nominal GDP​

Respuesta :

tantantantan15
tantantantan15 tantantantan15
  • 04-07-2021

Answer:

The main difference between nominal GDP and real GDP is the adjustment for inflation. Since nominal GDP is calculated using current prices, it does not require any adjustments for inflation. ... Using a GDP price deflator, real GDP reflects GDP on a per quantity basis.

Answer Link

Otras preguntas

what is cliff collapse
A relationship in which one species consumes and the other is killed is known as predation. parasitism. commensalism. mutualism.
What was the Teapot Dome Scandal?
Suppose you're an attorney. In a case you're presenting to a federal court, you argue that the person you're defending suffered cruel and unusual punishment. Wh
round all the way 2689
What is the main function of digestion?
An isosceles triangle has one side length of 7,centimeters and another side length of 4 centimeters. What are the two possible perimeters of this triangle? Show
The answer to 3 problems 1/4 foot= how many inches. 3/4 year = how many months. 3/5 meter= how many centimeters.
3/7s=-8 can you please help me find the answer?
If you can buy 1⁄4 pizza for 5 dollars, how much can you purchase for 8 dollars? Write your answer as a fraction.