Nominal GDP, Real GDP, and GDP
Nominal GDP, Real GDP, and GDP
Nominal GDP, Real GDP, and GDP
in in in in
Q1 Q2 P1 P2 P1 x Q1 P1 x Q2 P2 x Q1 P2 X Q2
NGDPt
GDP _ Deflatort 100
RGDPt
GDP Deflator
GDP Deflator2007 = (7,450/6,700) x
100
= 111.19
GDP Deflator2008 = (8,395/7,190) x
100
= 116.76