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When the diaphragm contracts, the size of the thoracic cavity ________, the pressure inside the thoracic cavity ________, and air flows ________ the lungs.
Nominal GDP
The market value of all finished goods and services produced within a country in a year, measured in current prices.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced by an economy in real terms.
GDP Deflator
A measure of the level of prices of all new, domestically produced, final goods and services in an economy, used to adjust nominal GDP to real GDP.
Inflation Rate
The frequency at which the overall price of goods and services inflates, reducing the effectiveness of the purchasing capacity.
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