In general, you calculate real GDP by dividing nominal GDP by the GDP deflator (R). The BEA provides the deflator on a quarterly basis. The GDP deflator is a measurement of inflation since a base ...
Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually ...
Nominal GDP is divided by this deflator, yielding real GDP ... a kind of middle ground between the two other approaches to calculating GDP. The income approach calculates the income earned ...