Answer:
C. real GDP adjusts for inflation
Explanation:
Real GDP is a measure of a countries production in a given year adjusted for inflation. Real GDP is expressed in base-year prices. It measures inflation since the selected base year. Real GDP provides a more accurate measure of output as it considers changes in prices level. Without real GDP, a country GDP may appear to be growing, whereas its prices that have increased.
Nominal GDP is a valuation of all goods and services produced in a country in a given year using the current prices. The nominal GDP figure is usually higher that of real GDP as it incorporates both growth and prices.
