straylay123
Answered

At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Experience the convenience of getting reliable answers to your questions from a vast network of knowledgeable experts. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

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

Sagot :

tantantantan15

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.

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.