daisychhabra0273

measures a country's production of final goods and services at current market prices, whereas real GDP measures a country's production of final goods and services at the same prices in all years.

is measured in dollar terms, whereas real GDP is measured in terms of numbers of goods and services produced

measures the total value of only final goods and services, whereas real GDP measures the value of all goods and services, both intermediate and final

measures a country's production of final goods and services at fixed prices, whereas real GDP measures a country's production of all final goods and services at current market prices

an intermediate good is sold for use as a component in a final good.

intermediate goods are of lower quality than final goods.

final goods are not counted as part of GDP

a final good is sold for use as a component of an intermediate good