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zzz [600]
3 years ago
6

To calculate real gross domestic product (GDP), gross domestic product must be adjusted for which variable?

Social Studies
2 answers:
Elanso [62]3 years ago
8 0

Answer:

Interanual inflation

Explanation:

To estimate the real measure of the GDP it muste be adjusted using real-time inflation, which is the interanual inflation, or equivalent to the Consumer Price Index. Using this it real GDP can be calculated and compared between years, quarters or semesters.

Goshia [24]3 years ago
5 0
Real gross domestic product (GDP) is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year, expressed in base-year prices, and is often referred to as "constant-price," "inflation-corrected" GDP or "constant dollar GDP."


https://www.investopedia.com/terms/r/realgdp.asp
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