Survey of Current Business, November 1st, 2007
A. Additional Information About the NIPA Estimates Statistical Conventions Current-dollar GDP is a measure of the market value of goods, services, and structures that are produced in the economy in a particular period. The changes in current-dollar GDP can be decomposed into quantity and price components. Quantities, or "real" measures, and prices are expressed as index numbers with the reference year--at present, the year 2000--equal to 100. (1) The annual changes in quantities and prices are calculated using a Fisher formula that incorporates weights from 2 adjacent years. For example, th...
HighBeam Research, Free Preview: 'Appendixes.'... Full Membership required for unlimited access. Free 7-day trial.
Subscribers: HighBeam content is only available to HighBeam subscribers. Click the link above for more information.
