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Any Characteristic of a Stimulus That Can Be Measured on Some

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Any characteristic of a stimulus that can be measured on some continuum is referred to as a dimension of a stimulus.


Definitions:

GDP Deflator

An index reflecting the price levels for all newly produced, domestic, final goods and services within a country.

Per Capita Real GDP

Real GDP divided by population.

Deflation

A drop in the average cost of goods and services, typically connected with a boost in the purchasing power of money.

Real GDP

An economic metric that measures the value of all goods and services produced by a country in a year, adjusted for inflation, reflecting the real growth.

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