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  3. Finance Glossary
  4. Terms Beginning With N
  5. Nominal GNP

Nominal GNP

Definition of 'Nominal GNP'

Nominal GNP measures GNP at the prices prevailing when income was earned.

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Related Terms

GNP DeflatorPer Capita Real GNPReal GNPZero-Growth ProposalInflation IllusionAutomatic StabilisersAutomatic StabilizersGNPNational IncomeConversion RatioCouponFiscal DragFlight From MoneyGeneral InflationInflation-Adjusted BudgetInternational (or Open) Fisher TheoryMoney IllusionNominal GoodNominal ValuePar

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