Examples of Actual Real GDP in a sentence
Argentina makes payments on GDP Units in respect of any given reference year if: (i) Actual Real GDP exceeds Base Case GDP; and (ii) annual growth in Actual Real GDP exceeds the growth rate in Base Case GDP (by approximately 3% per year).
This, in circumstances where the denominator in the Adjustment Fraction is expressly defined in the Adjustment Provision as being “the Actual Real GDP for such Reference Year measured in constant 1993 prices”, and “Actual Real GDP” is defined as being “for any Reference Year, the gross domestic product of Argentina for such Reference Year measured in constant prices for the Year of Base Prices, as published by INDEC”, with the “Year of Base Prices” defined as being 1993.
As a result, a creditor or investor who makes the decision at any point to accept or purchase the Securities, based on the known position in terms of base case in 1993 YOBP and published Actual Real GDP in 1993 YOBP, knows that a rebasing will not affect their assessment of whether payments are likely in the future.
The distinction, in Mr Valentin KC’s submission, makes it necessary to adopt an inflation-adjustment method in order to determine the best estimate of the Republic’s Actual Real GDP “measured in constant 1993 prices”.
Indeed, it expressly requires something else in not merely the first rebasing but all subsequent rebasings: a direct comparison between Actual Real GDP in the new YOBP (i.e. the newest YOBP, the one adopted by the second or subsequent rebasing) with Actual Real GDP in 1993 YOBP for the relevant Reference Year.
The resulting figure is the Actual Real GDP of the Republic for the relevant Reference Year “measured in constant 1993 prices”.
As Ms Prevezer KC went on to explain, this is done by applying the relevant ratio for the particular year to both sides of the propositions (Base Case GDP and Actual Real GDP), which will be different in other years due to the non-linear relationship between GDP in different years of base prices.
Essentials of Business Communication, New Delhi: 1996: Sultan Chand & Sons.Fundamentals of Management BB 102Objective: To familiarize the student with the concepts and principles and functions of management and the recent developments in management practice.
Specifically, the Level Condition involves comparing Actual Real GDP to Base Case GDP.
The project will accomplish both the quick expansion of rural access to clean water, as well as demonstrate a working model applicable to neighboring countries.