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

solve 6-2x=3 maths watch
You have budgeted $200.00 for 3 of your bills each month. With the following information, how much did you allow for new clothes? 1/5 is for your phone bill, 65
Help please. I don’t want to fail
Solve using elimination. -9x – 9y = 18 -9x - 5y = -18
Pls can someone help me. I need the answer right now :( I would give brainlest
Is there a difference in the amount of airborne bacteria between carpeted and uncarpeted rooms? In an experiment, seven rooms were carpeted and seven were left
Make a prediction based on your understanding of the cause-and-effect relationship between environment and trait: what happens when an environmental change is t
What are 3 major Islamic Empires from 1400’s - 1800
What convinced Constantine I to believe in the Christian God?
Durring this time period the united states decided to stop treating communism as a single unit and tried to slow the nuclear arms raceanswersContainmentAproposD