Real gross domestic product is often a more accurate reflection of the output of an economy than nominal GDP. By eliminating ...
Gross Domestic Product (GDP) is the market value of all the goods and services produced by an economy in a given Financial Year. The GDP helps in determining the economic growth, purchasing power and ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...