Economics A-Level

Real GDP

What Real GDP means in Economics A-Level, as defined for AQA.

Definition of Real GDP

Check what you remember

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Reference: AQA

The total volume of goods and services produced, adjusted for inflation.

AQA · Macroeconomic indicators

Topics that use Real GDP

Macroeconomic indicators (AQA A-Level)

Related terms

Balance of payments on current account
Real GDP per capita
CPI and RPI

Using Real GDP in the exam

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All Economics A-Level terms