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Defendants responding to emergency situations are not held to the same standard of care as those acting in less stressful situations.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of all goods and services produced by an economy in real terms.
Intermediate Goods
Products that are used as inputs in the production of other goods or services, not sold directly to end consumers.
Consumer Price Index
An index measuring the change in price of a standard basket of goods and services, reflecting the cost of living.
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 the economy.
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