Examlex
The formula for the intelligence quotient was devised by
Base Year
A reference year against which economic or financial data is compared and indexed.
Current Year
Refers to the ongoing calendar year in which a statement is made or an event occurs.
GDP Price Index
A measure that compares the current price level of goods and services included in GDP to the price level in a base year.
Nominal Gross Domestic Product
The market value of all officially recognized final goods and services produced within a country in a year, not adjusted for inflation.
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