fe45a3b1_lian_Broadcasting_Corporation___Definition
[Term] Nominal GDP [Definition] 
A version of the gross domestic product that has not been adjusted for inflation. This means the GDP will appear higher than it actually is, as it fails to take into account the devaluing effect of inflation. However it is also the measure of GDP that is closest related to government revenue and spending, as both are affected by inflation.
Budget 2014: Tony Abbott opens door to 'horse-trading' with minor parties in Senate to pass key measures - Federal Budget 2014 - ABC News (Australian Broadcasting Corporation)
Definition