1. Why was nominal GDP greater than real GDP in each of those quarters?
1. Why was nominal GDP greater than real GDP in each of those quarters?
1. What were the percentage changes in Nominal GDP and real GDP for the most recent quarter?
1. What is the difference between gross domestic product (GDP) and gross national product (GNP)?
1. What is the difference between gross domestic product (GDP) and gross national product (GNP)?