Economy, asked by jeshmiriang, 10 months ago

among real GDP and nominal GDP, which ome is better and why? explain with numerical example​

Answers

Answered by ar1213op
0

Answer:

GDP measures the market value of all goods and services produced by a country. ... This is achieved by using a consumer price index of the country's basket of goods. Nominal GDP takes into account all the goods and services that are produced within a country's borders at these current prices.

Explanation:

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