Register
Why does inflation make nominal gdp loading... a poor measure of the increase in total production from one year to the​ next?
61.9k views
1 vote
Why does inflation make nominal gdp loading... a poor measure of the increase in total production from one year to the​ next?

User Nuno Bentes
by
8.4k points

1 Answer

4 votes
When nominal GDP increases from year to year, the increase is due partly to changes in prices and partly to changes in quantities.
User Evyatar
by
8.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
Link Copied!