In general, you calculate real GDP by dividing nominal GDP by the GDP deflator (R). The BEA provides the deflator on a quarterly basis. The GDP deflator is a measurement of inflation since a base ...

In either case, the number is an estimate of "nominal GDP." Once adjusted to remove any effects due to inflation, "real GDP" is revealed. One way of arriving at GDP is to count up all of the money ...

To calculate nominal GDP, much of the same information is gathered as real GDP. Quantities of various goods and services ...

Let's take a closer look at how to calculate this rate ... If we compared GDP for two periods measured on a nominal basis (referred to as "current dollar" GDP estimates), we'd expect GDP to ...

This means that GDP deflator is calculated as nominal GDP divided by real GDP ... we can use the GDP deflator to calculate the inflation rate since its a measure of the price level.

Real interest is nominal interest after taking inflation’s effects into account. Economists, as well as lenders and borrowers, calculate real interest to get a more accurate picture of the ...

The GDP price deflator is a measure of how the price of all those good and services has changed. To calculate, use the following equation: This will give you the rate of inflation in terms of GDP ...