Economy, asked by ayushraj141202, 11 months ago

In which situation can a real GDP be great than nominal GDP Explain​

Answers

Answered by meenayadav45411
1

Answer:

inflation

This is because real GDP: Measures an economy's total goods and services in a given year, taking into account changes in price levels. Reflects a more accurate production value than nominal GDP. Its values are adjusted for inflation or deflation

Explanation:

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