2.6

Real vs. Nominal GDP

AP Macroeconomics

Nominal vs. Real GDP

Why Real GDP Matters

Worked Example

How to Interpret the Gap

The GDP Deflator

GDP Deflator vs. CPI

Calculating Inflation from the Deflator

Calculating Real GDP from a Table

Step-by-Step: Real GDP from a Table

Real GDP Per Capita

Economic Growth

AP Exam Tips

Common Mistakes