Economy, asked by keshavikharbanda, 9 months ago

When can Real GDP be greater the Nominal

GDP ?

Answers

Answered by AamirRahman

Explanation:

A positive difference in nominal minus real GDP signifies inflation and a negative difference signifies deflation. In other words, when nominal is higher than real, inflation is occurring and when real is higher than nominal, deflation is occurring.

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When can Real GDP be greater the NominalGDP ?​

Answers

When can Real GDP be greater the Nominal

GDP ?