This is the real value of goods and services without changes due to inflation or deflation (Mankiw 39). Real gross domestic product reflects the real monetary value and room for growth of a state's economy. Nominal gross domestic product refers to the value of GDP before accounting for changes caused by inflation and deflation (Coyle 32). It shows the level of growth or decline of a country's economy but does not take into account the purchasing power of consumers. This value can mislead a nation because it does not reflect the real value of the growth of the economy. An analysis of trends in unemployment rates, inflation, nominal GDP and real GDP has been presented in tabular and graphical form as shown below. It is clear from the graphs that inflation and unemployment rates follow a non-deterministic curve and fluctuate over time. This 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 advancements and the use of different production methods. Table 1: showing trends in unemployment, nominal GDP, real GDP and