What is real gdp
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Posted by Neesu Nisu 5 years, 10 months ago
- 3 answers
Yogita Ingle 5 years, 10 months ago
Real GDP is an inflation-adjusted calculation that analyzes the rate of all commodities and services manufactured in a country for a fixed year. It is expressed in foundation year prices and is referred to as a fixed cost price. Inflation rectified GDP or fixed dollar GDP. Real GDP is regarded as a reliable indicator of a nation’s economic growth as it solely only considers production and free from currency fluctuations.
Real GDP is regarded as a reliable indicator of a nation’s economic growth as it solely only considers production and free from currency fluctuations.
Ankur Kumar 5 years, 10 months ago
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Madhav Baheti 5 years, 10 months ago
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