It is the real value of goods and services without changes due to inflation or deflation (Mankiw 39). Real gross domestic product reflects the real value of money and the room for growth in a state's economy. Nominal gross domestic product refers to the value of GDP before accounting for changes made by inflation and deflation (Coyle 32). It shows the level of growth or contraction of a country's economy but does not take into account the purchasing power of consumers. The value can be misleading for a nation because it does not reflect the true growth value of the economy. A trend analysis of unemployment rates, inflation, nominal GDP and real GDP has been tabulated and graphed as shown below. From the graphs it is clear that inflation and unemployment rates have a non-deterministic curve and fluctuate over time. The progression occurs because inflation and unemployment can be caused by many other factors besides economic growth (Mankiw 58). For example, changes in international market prices, technological advances, and the use of different production methods. Table 1: Shows trends in unemployment, nominal GDP, real GDP and