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To: GraceZ who wrote (88450)4/1/2001 8:05:18 PM
From: Ilaine  Read Replies (1) | Respond to of 436258
 
>>The reason you use constant dollars is to see how much real GDP is growing when you remove the effects of monetary inflation.<<

Couldn't let this subliminal plug for hard money pass unchallenged.-g-

Price inflation.



To: GraceZ who wrote (88450)4/2/2001 11:45:48 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 436258
 
chained dollars has nothing to do with constant dollars so you are confusing me.

i understand very clearly that you need to account for the impact of inflation.

that is an entirely separate issue.

chained dollars are added into gdp. they are not taken out to account for inflation. in fact, chained dollars are adjusted just like normal dollars.

what do you think chained dollars are?


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