Real gross domestic product (GDP) is an inflation-adjusted measure that reflects
the value of all goods and services produced by an economy in a given year, ...
Definition of real gross domestic product (real GDP): An economic assessment
that involves quantifying the inflation adjusted market value of goods and ...
Definition: Real GDP, also known as inflation-adjusted gross domestic product,
measures the value of finished goods and services at constant base-year prices.
Sep 15, 2016 ... Definition: Real GDP is a measurement of economic output minus the effects of
inflation or deflation. It reports the GDP (Gross Domestic ...
National economies are measured by the value of the goods and services they
produce. In this lesson, you'll learn about real gross domestic...
... inflation-adjusted measure of the value of economic output. Unlike GDP, real
GDP is adjusted for price changes, which means it reflects the true growth of the.
Nov 28, 2012 ... Real GDP per Capita Definition. GDP, Gross Domestic Product measures the
national output of an economy. This measures the volume of ...
Nominal Gross Domestic Product is defined as a GDP measure, ... While
calculating real GDP measurement is done at fixed prices, i.e. ...
Definition of real GDP: The number reached by valuing all the productive activity
within the country at a specific year's prices. When economic activity...