Which economic measure represents the total amount of goods and services produced in an economy adjusted for inflation?

The measure that represents the total amount of goods and services produced in an economy, adjusted for inflation, is Real GDP.

Real GDP is critical for assessing an economy's performance over time because it eliminates the effects of price changes. This allows economists and policymakers to understand the actual growth in production levels without the distortion caused by inflation or deflation. By using Real GDP, one can make accurate comparisons of economic productivity across different time periods.

Nominal GDP, on the other hand, measures a country's total output using current prices, without adjusting for inflation, which can give a misleading picture of economic health. Potential GDP relates to the maximum productive capacity of an economy, assuming full employment and optimal utilization of resources, but it doesn't capture actual output. Gross Domestic Product is a general term that can refer to either nominal or real measures, but it lacks the specificity that the term Real GDP provides regarding inflation adjustments.