Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually one year. Real GDP eliminates the impact of inflation by applying a deflator ...
GDP measures all final goods/services produced in a defined area, adjusted for inflation to show real growth. GDP growth rates, especially real GDP annually, are key indicators of economic activity ...
As you all know, Gross Domestic Product (GDP) is an important economic term that is used to represent the final value of goods and services produced within a country’s borders in a specific period of ...