Real GDP measures output of final goods and services in physical units.

Name: Real GDP measures output of final goods and services in physical units.
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Real GDP measures the value of all final goods and services produced in an economy in a given period, adjusted for inflation. It is expressed in constant prices, which means that the prices used to calculate GDP are held constant over time, so that changes in GDP reflect changes in the physical volume of output, rather than changes in prices.

Real GDP Measures Output of Final Goods and Services in Physical