Why are chained-dollar GDP figures used?
Note
Chained-dollar real GDP uses price adjustments to measure changes in production volume over time.
Visitor spending is not equivalent to GDP: the latter measures economic value added within the state.
Why are chained-dollar GDP figures used?
Chained-dollar real GDP uses price adjustments to measure changes in production volume over time.
Visitor spending is not equivalent to GDP: the latter measures economic value added within the state.