Describe the difference between real gdp and nominal gdp.

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asked Jan 18, 2022 115k views

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InterLinked · Answer 1 · 2022-01-24T21:45:23+0000

Answer: Real GDP takes into consideration adjustments for changes in inflation. ... The main difference between nominal GDP and real GDP is the adjustment for inflation

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Describe the difference between real gdp and nominal gdp.

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Describe the difference between real gdp and nominal gdp.