nevaehwilsonhuerta
nevaehwilsonhuerta nevaehwilsonhuerta
  • 23-04-2021
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describe the difference between real gdp and nominal gdp.​

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25mguy
25mguy 25mguy
  • 23-04-2021

Answer: The main difference between nominal GDP and real GDP is the adjustment for inflation. Since nominal GDP is calculated using current prices, it does not require any adjustments for inflation.

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