asked 80.9k views
2 votes
2

GDP adjusted for inflation with a price index to
constant dollars is called:
F real GDP
G nominal GDP
H GNP.
J
cost averaged GDP.​

asked
User Sujoy
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1 Answer

4 votes

Answer:

F real GDP

Step-by-step explanation:

The GDP is what is most commonly taken as a indicator of a particular economy, but it is not actually providing the whole picture of the economy. The GDP simply represents the total goods and service that have been produced by some country in a particular period, usually one year, thus it is giving us a picture of how much has the total product of a country been. In order to have a better picture of the economy, we have the real GDP. This type of GDP has been adjusted for inflation with price index to constant dollars, thus it is giving us information about the standard of living as well, which is very useful when it comes to seeing the full picture about an economy.

answered
User Bozzle
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