/ / Short Notes: Gross Domestic Product (GDP) deflator

Short Notes: Gross Domestic Product (GDP) deflator

Edit


Nominal GDP divided by real (constant dollar GDP) multiplied by 100. Nominal GDP is the value of output measured in terms of the prices prevailing in the accounting period in question. Real GDP is that output measured in terms of the prices prevailing in some base period. The value of the deflator in the base period is always 100.

About Ripon Abu Hasnat

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.
    Blogger Comment
    Facebook Comment

0 comments :

Post a Comment

Subscribe to: Post Comments ( Atom )