Definition
GDP measured in current year dollars. Comparing it to other years' GDP measures will not eliminate the effects of inflation unless those measures are converted into current dollars.
This content can be found on the following page:
http://www.investorwords.com/cgi-bin/getword.cgi?id=1250&term=current%20dollar%20GDP
email to a friend
print this definition
cite this definition
link to this page
Copy and paste this HTML in your website to link to this page
Related Research Articles from the InvestorGuide.com University
Federal Reserve and Monetary Policy
Learn the basics about the Federal Reserve, The Federal Open Market Committee (FOMC), and how monetary policy is used to target interest rates to avoid inflation and slow economic growth.
Introduction to the Economy
Learn how the economy can be influenced by the US government through fiscal and monetary policy. Understand the importance of a global economy and why individuals should make a portion of their investments overseas.
Economic Indicators
Find out about some of the most researched pieces of news in the world. Topics include Gross Domestic Product, Consumer Price Index, the Producer Price Index, Employment Indicators, the Retail Sales Index, the National Association of Purchasing Management Index, the Consumer Confidence Index, and more.
|
