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What is Real GDP?

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Magnani
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Post: #1
What is Real GDP?

As Title, I haven't understood what does real GDP means.

06.06.2020 07:31
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MrProper
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Post: #2
RE: What is Real GDP?

In contrast to the "normal" GDP, "Real GDP" is inflation-adjusted. It allows a player to realistically compare the GDP of his/her own state with those of others.

This states GDP, for example, is larger than that of the average state. Thanks to the Real GDP, you can however see that is mostly due inflation. The Real GDP itself is lower than that of the average state.


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07.06.2020 10:09
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WilliamVC
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Post: #3
RE: What is Real GDP?

Magnani Wrote:
As Title, I haven't understood what does real GDP means.


I'm not sure how the country's GDP is calculated

09.06.2020 12:02
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boob
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Post: #4
RE: What is Real GDP?

WilliamVC Wrote:

Magnani Wrote:
As Title, I haven't understood what does real GDP means.


I'm not sure how the country's GDP is calculated


Gdp growth -inflation i think

09.10.2020 06:31
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