Real gross domestic product (GDP) is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year. Real GDP is expressed in base-year prices.
Fourth quarter increases in consumer and government spending were partially offset by decrease in investment and imports.
The real economic growth rate is expressed as a percentage that shows the rate of change in a country's GDP, typically from one year to the next. Another economic growth measure is the gross ...
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