Nominal GDP is the monetary value of output produced in a country for a certain period (a year or quarter), measured at current prices. It contrasts with real GDP, which measures the same output but using constant prices, instead of current prices.
Better knowledge. Sharper Insight.
Updated on · By Ahmad Nasrudin Tag: Gross Domestic Product, Nominal GDP
Pen – Pencil – Erasers – Highlighters – Pencil Case – Notebooks – Folders – Binders – Planner – Sticky Notes – Book Tabs – Binder Clips – Stapler – Tape – Paper Clips – Note Cards – Scissors – Three-Hole Punch – Water Bottle – Backpack – Calculator – Laptop – Wireless Mouse – Flash Drive – Wireless Earbuds – Office Chair Pillow – Desk Lamp – Printer – Printer Paper