real gdp
1Real GDP — is a macroeconomic measure of the size of an economy adjusted for price changes and inflation.Real GDP measures the output of final goods and services produced, and incomes earned at constant prices. Real GDP = [(Nominal GDP)/(GDP deflator)] x… …
2real GDP — inflation adjusted measure of gross domestic product. Bloomberg Financial Dictionary * * * real GDP UK US noun [U] ► ECONOMICS, FINANCE the total value of goods and services produced in a country in a particular year, taking inflation into… …
3Real income — is the income of individuals or nations after adjusting for inflation. It is calculated by subtracting inflation from the nominal income. Real variables, such as real income, real GDP, and real interest rate are variables that are measured in… …
4Real versus nominal value (economics) — Economics …
5GDP deflator — In economics, the GDP deflator (implicit price deflator for GDP) is a measure of the change in prices of all new, domestically produced, final goods and services in an economy. GDP stands for gross domestic product, the total value of all final… …
6Real Gross Domestic Product (GDP) — An inflation adjusted measure that reflects the value of all goods and services produced in a given year, expressed in base year prices. Often referred to as constant price , inflation corrected GDP or constant dollar GDP . Unlike nominal GDP,… …
7GDP Deflator — A price index applied to the cash or nominal estimates of gross domestic product in order to produce a more accurate or real value of GDP. Deflators remove the effects of inflation, which boosts the nominal value of GDP but does not change the …
8Real bills doctrine — Economics …
9Real interest rate — The real interest rate is approximately the nominal interest rate minus the inflation rate (see Fisher equation and below for exact equation). Since the inflation rate over the course of a loan is not known initially, volatility in inflation… …
10Real wage — The term real wages refers to wages that have been adjusted for inflation. This term is used in contrast to nominal wages or unadjusted wages.The use of adjusted figures is in undertaking some form of economic analysis. For example, in order to… …
