Depends who the middleman is
true
it is true
To determine the real GDP from nominal GDP, one must adjust the nominal GDP for inflation. This is done by using a price index, such as the Consumer Price Index (CPI), to account for changes in prices over time. By dividing the nominal GDP by the price index, one can calculate the real GDP, which reflects the true value of goods and services produced in an economy after adjusting for inflation.
False!Inflation means a dramatic increase in prices. The opposite of inflation is deflation. Deflation is a dramatic decrease in prices.
true
true
it is true
To determine the real GDP from nominal GDP, one must adjust the nominal GDP for inflation. This is done by using a price index, such as the Consumer Price Index (CPI), to account for changes in prices over time. By dividing the nominal GDP by the price index, one can calculate the real GDP, which reflects the true value of goods and services produced in an economy after adjusting for inflation.
False!Inflation means a dramatic increase in prices. The opposite of inflation is deflation. Deflation is a dramatic decrease in prices.
true
True.
True
True.
yes
True
A real variable in economics refers to a measurement that is adjusted for inflation, reflecting the actual purchasing power or value over time. Examples include real GDP, which accounts for changes in price levels, and real wages, which indicate the true income of workers after adjusting for inflation. These variables provide a more accurate picture of economic performance and living standards than nominal variables, which do not account for inflation.
True