Hoeing8340 Hoeing8340
  • 16-11-2018
  • Social Studies
contestada

To calculate real gross domestic product (GDP), gross domestic product must be adjusted for which variable?

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agarciavolei agarciavolei
  • 08-12-2019

Answer:

Interanual inflation

Explanation:

To estimate the real measure of the GDP it muste be adjusted using real-time inflation, which is the interanual inflation, or equivalent to the Consumer Price Index. Using this it real GDP can be calculated and compared between years, quarters or semesters.

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