DSSSB · General Awareness
What is the difference between Nominal GDP and Real GDP?
- They are the same
- Nominal GDP excludes government spending; Real GDP includes government spending
- Nominal GDP is measured in current prices; Real GDP in constant prices
- Nominal GDP is adjusted for inflation; Real GDP is not adjusted for inflation
What is the difference between Nominal GDP and Real GDP?
- They are the same
- Nominal GDP excludes government spending; Real GDP includes government spending
- Nominal GDP is measured in current prices; Real GDP in constant prices
- Nominal GDP is adjusted for inflation; Real GDP is not adjusted for inflation
Answer and detailed solution are available in the protected study screen.
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