If no, thisarticle will guide you about GDP, the differences between Real and Nominal GDP and how both of them are calculated. What is GDP? Gross Domestic Product (GDP) is themarket value of all the goods and services produced by an economy in a given Financial Year.The GDPhelps in...
Real GDP formula helps in determining the actual value of output of an economy by calculating GDP, after adjusting for inflation or deflation rate per year