Its greatest use is as a point of comparison; for example, to determine if the ... that are consumed are imported from abroad ...

Calculating real GDP is a complex process typically best ... Dividing the nominal GDP by the deflator removes the effects of inflation. For example, if an economy's prices have increased by ...

A country's debt-to-GDP ratio is a metric that expresses how leveraged a country is by comparing its public debt to its annual economic output. Just like people and businesses, countries often ...

Its greatest use is as a point of comparison; for example, to determine if the ... remove any effects due to inflation, "real GDP" is revealed. Calculating GDP Based on Spending One way of ...