GDP growth rates, especially real GDP annually, are key indicators of economic activity changes. To find real ... so we annualize it using the following formula: g₍annual₎ = (1 + g₍quarterly ...

The GDP price deflator addresses this by showing the effect of price changes on gross domestic product. The price deflator formula establishes a base year and compares current prices to the base ...

As you all know, Gross Domestic Product (GDP) is an important economic term that is used to represent the final value of ...