Real GDP vs. Nominal GDP: Which Is a Better Indicator?
and there are some situations where nominal GDP is better. Some cases where real GDP is the better indicator include: The ...
Assessing J.D. Vance’s Claims About Immigration and Economic Growth
Alex Nowrasteh, the Cato Institute’s vice president for economic and social policy studies, pushed back on Vance’s claim. “GDP per capita has risen even as the U.S. immigrant population has increased, ...
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Japan’s per capita GDP ranks 22nd in OECD, behind South Korea
Nominal GDP reflects changes in prices, so Japan’s yen-denominated GDP increased, driven largely by rising prices. However, the depreciation of the yen outweighed this growth, resulting in a ...