Real gross domestic product is often a more accurate reflection of the output of an economy than nominal GDP. By eliminating ...

Gross Domestic Product (GDP) is the market value of all the goods and services produced by an economy in a given Financial Year. The GDP helps in determining the economic growth, purchasing power and ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Robert Kelly is managing director of XTS Energy LLC, and has ...

Even as the real growth rate hit a five-quarter high in April-June quarter this fiscal, nominal growth rate has dipped to a three-quarter low. Fiscal deficit could be impacted if it is lower at an ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...