types of economies, business cycle, taxes, gdp adjusted for inflation is called? real gdp nominal gdp
types of economies, business cycle, taxes, gdp adjusted for inflation is called? real gdp nominal gdp
Answer
Brief Explanations:
Nominal GDP is the value of goods and services at current - market prices. Real GDP adjusts for inflation to show the actual change in the quantity of goods and services produced.
Answer:
A. Real GDP