real GNP

Examples

• All

• Thus, excluding inventory effects, the short-run (one year) effect of a four mbd disruption in oil supplies would lead to a price rise of about $17.00 per barrel, lower real GNP by 1.8%, and raise the price level by 1.8%.

  Academic text (1991)

• At the end of the decade (1977 to 1982), Panama began to see a growth in real GNP of 6.5%.

  Academic text (1993)

• On average, however, China was still able to achieve almost 9 percent annual growth in real GNP from 1978 to 1992.

  Academic text (1993)

• The rapid increase in energy prices during the oil crisis of 1973 significantly damaged the entire economy of Japan and led to a negative growth in real GNP for the first time since World War II.

  Academic text (1993)

• By contrast, the oil crisis of 1979 caused only modest damage to the Japanese economy (3.5% growth in real GNP from 1979 to 1980).

  Academic text (1993)

• Indeed, real GNP was 27 percent higher at the end of the decade than it was at the beginning; real per capita disposable income grew by 17 percent throughout the 1980s, and total employment grew by over 18 million, or 18 percent, during the decade.

  Academic text (1991)

• The broadest measure of the small-firm phenomenon in America is real GNP per company; the lower the number, the smaller the size of the average firm.

  Academic text (1991)

• The average annual rate of real GNP growth has been 8.8% during 1953-88, a record of high and sustained economic expansion that few other countries can match.

  Academic text (1993)

• During the adjustment process, real GNP would decline roughly 0.45%, and the aggregate price level would rise nearly 0.45%.

  Academic text (1991)

• Over the past 14 years, real GNP in China has averaged 9% annual increases. Barber B. Conable, Jr., and David M. Lampton, "China: The Coming Power," Foreign Affairs, Winter 1992/93, pp. 141-42.

  Academic text (1993)

Synonyms

R

real gross national product

vsreal GNP

• Specialized

6.7

Total value of goods and services a country makes measured with prices kept the same over time

is the same measure but expressed in a shorter or alternate form

Surface Forms

Morphology

Etymology