Once adjusted to remove any effects due to inflation, "real GDP" is revealed. Calculating GDP Based on Spending One way of arriving at GDP is to count up all of the money spent by the different ...

To calculate nominal GDP, much of the same information is gathered as real GDP. Quantities of various goods and services produced in the economy are collected. Each of these quantities is ...

Real GDP can also be measured as a dollar or a percentage by calculating changes in real GDP from one period to the next. Real economic growth is used by policymakers to determine growth over ...