Examlex
Because federal law preempts the area,states have not enacted legislation regarding drug testing of private employees.
Real Gross Domestic Product (GDP)
An inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year, showing true growth.
GDP Price Index
A measure that reflects the prices of all goods and services included in the Gross Domestic Product, indicating the overall level of inflation or deflation in an economy.
Nominal GDP
Gross Domestic Product measured in current prices, without adjustment for inflation.
Chain-Weighted Index
An inflation measure that updates the weights of goods and services periodically to better reflect changing spending patterns.
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