Real GDP is found by removing the effects of inflation. How is this done mathematically?
ABy multiplying Nominal GDP by (100/100+inflation rate)
BBy dividing Real GDP by (100/100-inflation rate).
CBy subtracting the inflation rate from Nominal GDP.
ABy multiplying Nominal GDP by (100/100+inflation rate)
BBy dividing Real GDP by (100/100-inflation rate).
CBy subtracting the inflation rate from Nominal GDP.