Examlex
Is Starbucks Coffee a user of Geographic Information Systems?
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Producer Price Index
An economic indicator that measures the average change over time in the selling prices received by domestic producers for their output.
Inflation
The rate at which the general level of prices for goods and services is rising, eroding purchasing power.
Nominal GDP
GDP that has not been adjusted to account for inflation.
GDP Deflator
An economic measure that adjusts the Gross Domestic Product (GDP) by accounting for changes in price levels or inflation.
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