Tag: nominal-vs-real

Tag: nominal-vs-real

1 page tagged nominal-vs-real.

Pages

• Chapter 39: Approaches to GDP — Economics 101

  Three different ways to measure GDP — expenditure, income, and production — that should give the same answer. Plus the crucial distinction between nominal and real GDP and the GDP deflator.

Related tags

• gdp
• inflation
• gdp-deflator
• national-accounts
• measurement
• value-added