ryknox ryknox
  • 17-04-2020
  • History
contestada

Give an example to describe the difference between Nominal and Real GDP.

Respuesta :

RobHun6802
RobHun6802 RobHun6802
  • 17-04-2020

Answer:

Nominal GDP is the GDP without the effects of inflation or deflation whereas you can arrive at Real GDP, only after giving effects of inflation or deflation.

Explanation:

Answer Link

Otras preguntas

16) Which of the following is descriptive of Roosevelt's conservation efforts? A) prohibited alcoholic beverages, B) declare war on Korea when the government th
The first one to answer gets brainliest or whatever A car is 180 inches long. A truck is 75% longer than the car. How long is the truck? 135 240 255 315
Economics, need some quick help. 35 Points, will award brainliest. The slope of curve 1 first decreases then increases because of the Law of A | Marginal Analys
how the different occupation help our society?​
The mild, humid subtropical climate of Georgia is the result of three meteorological factors: cool air coming down from the_______? i need help plzzzzzz
In humans, to fold the tongue is a dominant trait (L), and the straight tongue is the recessive trait. What are the probabilities that the offspring can fold th
Teoria que permite organizar & contabilizar los datos obtenidos en un estudio estadistico
Touching the net with any part of your body is a
The price of a shoes was reduced from $60 to $45. by what percentage was the priceof the shoes reduced? 60-45÷ 60 a 15% b 25% c 75% d 40%
PLEASE HELP MAJOR PLEASE THIS IS DUE AT 12AM F Solve. (180 - 2) + (90 - 1) = 210​