APPSC Group 2 Mains 2019 Paper 3 · Question 54
Question 54 of the APPSC Group-II Mains 2019 Paper III (30 August 2019). Try it first, then open the answer and explanation.
Real GDP measures the
వాస్తవిక స్థూల జాతీయోత్పాదన లెక్కించునది.
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Answer: Value of total production at the prices of a single (base) year
సమాధానం: మొత్తం ఉత్పత్తి విలువ ఒక సం॥ ధరలతో అనుసంధించుట
Real GDP values output at constant base-year prices, which removes the effect of inflation.