Question

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

Answer 1

no as it doesn't consider inflation

Answer 2

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).

Answer 3

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

Answer 4

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.

Answer 5

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