Economy, asked by nikhilsingh11072003, 4 months ago

Real gross domestic products can be equal to nominal gross domestic product.

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Answered by yashsingh8704

Answer:

In other words, real GDP is nominal GDP adjusted for inflation. If prices change from one period to the next but actual output does not, real GDP would be remain the same. Real GDP reflects changes in real production. If there is no inflation or deflation, nominal GDP will be the same as real GDP.

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