Examlex
Loi is reading over the teams that have won the National Basketball Association (NBA)championship since 1980.His recall of the first nine and last nine champions at significantly higher rates than the ten champions in the middle would clearly demonstrate the ____.
GDP Deflator
A measure that reflects the prices of all domestically produced goods and services in an economy.
Percentage Change
A mathematical calculation that describes the degree of change over time, expressing the difference as a percentage of the initial value.
Nominal GDP
The total value of all goods and services produced domestically, calculated using present-day prices, without making corrections for inflation.
GDP Deflator
A technique for ascertaining the price level of all fresh, home-produced, final goods and services in an economy.
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