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单词 real gnp
释义

real GNP


Thesaurus
Noun1.real GNP - a version of the GNP that has been adjusted for the effects of inflationreal gross national productGNP, gross national product - former measure of the United States economy; the total market value of goods and services produced by all citizens and capital during a given period (usually 1 yr)

Real GNP


Real GNP

Gross national product after accounting for inflation. Comparing real GNP from year to year shows the amount an economy has grown or shrunk and how this actually affects the economy by determining how the buying power of money has been affected. Nominal GNP, on the other hand, does not account for inflation. For example, if the nominal GNP has grown 10% and the inflation rate is 3%, the real GNP growth is 7%. The real GNP measure is rarely used since the gross domestic product has become widely accepted.

real GNP


  • noun

Synonyms for real GNP

noun a version of the GNP that has been adjusted for the effects of inflation

Synonyms

  • real gross national product

Related Words

  • GNP
  • gross national product
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