Ask your own question, for FREE!
Finance 22 Online
OpenStudy (anonymous):

When finding the Aggregate Demand curve, when you add (C+I+G+(X-M)), are you getting Real GDP?

OpenStudy (anonymous):

no as it doesn't consider inflation

OpenStudy (anonymous):

What exactly do I get when I add C+I+G+(X-M)? How exactly do I find Real GDP then? Side note: I'm given all my numbers for: C+I+G+(X-M).

OpenStudy (anonymous):

Correction: "All spending is adjusted for inflation." So, the numbers given for "C+I+G+(X-M)" are adjusted and do consider inflation, therefore it is Real GDP? Yes? :D

OpenStudy (anonymous):

If the numbers are adjusted for inflation then obviously you are getting the Real GDP; I have never seen this method though. We usually use the deflator to go from the nominal to the real GDP.

OpenStudy (anonymous):

Yeah, I realized hours ago that all I had to do was add and graph, and wala'! Thanks for the answer though.

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!