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Share Prices
Finance Glossary
Terms Beginning With R
Real GNP

Real GNP

Definition of 'Real GNP'

Real GNP adjusts for inflation by measuring GNO in different years at the prices prevailing at some particular calendar date known as the base year.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #

Related Terms

Per Capita Real GNP GNP Deflator Nominal GNP Zero-Growth Proposal Economic Growth Inflation Illusion Real Option Automatic Stabilisers Automatic Stabilizers GNP National Income Aggregate Supply Allocational Efficiency of Markets Annual Percentage Rate Appropriation Account Fiscal Drag Fishers Equation Flight From Money Income Effect Inflation-Adjusted Budget

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