Real GDP removes any inflation from the calculation of GDP. Why is it important to remove a general increase in prices from the

Question

3 years ago

10

Real GDP removes any inflation from the calculation of GDP. Why is it important to remove a general increase in prices from the

calculation of GDP?
A. Including inflation into the calculation of GDP will under-estimate the GDP.
B. Including inflation into the calculation of GDP will over-estimate the GDP.
C. Not including inflation into the caluculation will over-estimate the GDP.

Computers and Technology

1 answer:

Katen [24] · Answer 1 · 2021-11-17T14:09:07+03:00

Katen [24]3 years ago

8 0

<span>C. Not including inflation into the caluculation will over-estimate the GDP.</span>