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In the 1960s, Maarten Schmidt determined that quasars were very distant objects by
GDP Deflator
An economic metric that converts the money-value measure of GDP to a measure of real GDP by accounting for inflation or deflation.
GDP Deflator
A measure that reflects the prices of all goods and services produced domestically, accounting for inflation within a country's economy.
Base Year
A reference year against which economic growth, price changes, or other data is compared in indexes or other statistical measures.
GDP Deflator
A measure of the level of prices of all new, domestically produced, final goods and services in an economy, used to deflate nominal GDP to real GDP.
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