Question

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

Answer 1

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.

Answer 2

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