nevaehwilsonhuerta
nevaehwilsonhuerta nevaehwilsonhuerta
  • 23-04-2021
  • History
contestada

describe the difference between real gdp and nominal gdp.​

Respuesta :

25mguy
25mguy 25mguy
  • 23-04-2021

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.

Answer Link

Otras preguntas

Round 7,298 to the nearest thousand.
The duty of a journalist is to give honest facts to the readers. How is the common man affected by ‘Yellow Journalism’.
I am not sure if i did this right she wants us to distribute and get only one x on one side and find the answer.
f (x)=(3x+7)^2 then f (1) =
The sum of two numbers is 63 . The larger number is 7 more than the smaller number. What are the numbers?
7x+8(x+1/4)=3(6x-9)-8
The EU modified its Common Agricultural Policy (CAP) in an effort to reduce expensive and unwanted surpluses. This is an example of
Explain how to determine whether to move right or left on the number line when adding rational numbers
The table shows there are 24 number of books Salvador has read.Find the ratio of mystery books 10 to the total. Explain its meaning
⦁ Explain how this scenario is a controlled experiment and identify the manipulated variable.