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Studentka2010 [4]
3 years ago
6

How does nominal GDP differ from real GDP?

Business
2 answers:
Andru [333]3 years ago
6 0
The main difference<span> between </span>nominal <span>and </span>real<span> values is that </span>real<span> values are adjusted for inflation, while </span>nominal<span> values are not. 
Hope this helps and warm wishes to you

</span>
ankoles [38]3 years ago
4 0
The main difference between them is that real GDP is adjusted for price changes that caused by either inflation (which will increase price of products) or Deflatio (which will lower price of products).
<span>Nominal GDP on the other hand, is calculated at current market value without considering both inflation and deflation. </span>
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a. callahanb

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aniked [119]

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3 years ago
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Aleks [24]

Answer:

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6 0
4 years ago
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Answer:

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