Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.
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Much ado about GDP calculation
Gross Domestic Product (GDP) measures the quantum of economic activities in a country, in monetary terms, over a period of time usually one year. Real GDP eliminates the impact of inflation by ...
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What is GDP? Types and how it is calculated
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 ...
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