Examlex
When collecting data to conduct research, if the sample used includes only observations which have remained in the sample over time, making that sample unrepresentative of the broader population, ________ occurs.
Gross Domestic Product
The overall market or monetary value of all completed goods and services that have been created inside the confines of a nation during a defined timeframe.
Market Value
The current price at which an asset or service can be bought or sold in the marketplace.
Real GDP
A measure of a country's economic output adjusted for price changes (inflation or deflation), reflecting the true value of goods and services produced in a given year.
GDP Deflator
An economic metric that converts output measured at current prices into constant-dollar terms to remove the effect of inflation.
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