Question

what is meant by nominal Gdp​

Answer 1

Answer:

Nominal gross domestic product isgross domestic product (GDP) evaluated at current market prices.GDP is the monetary value of all the finished goods and services produced within a country's borders in a specific time period. ... Typically, economists use a gross domestic deflator to convert nominal GDP to real GDP.

Answer 2

i GDP at current price it is market value of final goods and services produced with the domestic territory of a country during an accounting year as estimated using the current share price current share price of prices travelling during year of estimation