Ask Question
8 September, 23:02

What do we call gdp that uses constant unchanging prices?

+4
Answers (1)
  1. 9 September, 01:49
    0
    GDP that uses constant unchanging prices is called Real GDP. Real Gross Domestic Product (real GDP) is a macroeconomic measure of the value of economic output adjusted for price changes (i. e., inflation or deflation). This adjustment transforms the money-value measure, nominal GDP, into an index for quantity of total output
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What do we call gdp that uses constant unchanging prices? ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers