Nominal GDP is measured as a flow, but real GDP, in constant dollars, is measured as a stock.

Question

Quizplus · Accepted Answer

Nominal GDP and Real GDP are both measured as flows, not stocks. Nominal GDP is measured using current market values, while Real GDP is measured by adjusting for inflation to provide an accurate comparison over time. Both are measures of the value of goods and services produced within a country during a given period of time, typically a year, and are measured as flows.

Nominal GDP Is Measured as a Flow, but Real GDP