You have learned about one of the most important macro indicators that are used

You have learned about one of the most important macro indicators that are used

You have learned about one of the most important macro indicators that are used to measure the economic performance, Gross Domestic Product (GDP). GDP is the defined as the market value of all final goods and services produced in an economy during a certain period (e.g., 3 months or quarter). Please address the following question in this discussion forum by choosing only one of the countries/graphs (shown in the thread). What is the difference between nominal and real GDP? Identify them in the graph (only one graph). Which one is the base year? What happens to real and nominal GDP during the base year?Note: You can choose one of the countries/graphs shown in the threads, or you can create your own thread using another country. You may use the same source (worldbank) to retrieve information about another selected country.Recommended Sources (retrieved from Module 4) Video on GDP: https://www.youtube.com/watch?v=mjJmo5mN5yA

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