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In areas of permafrost, stands of black spruce are frequently observed in the landscape, while other tree species are noticeably absent. Often these stands are referred to as "drunken forests" because many of the black spruce often "lean over" (that is, they are displaced from their normal vertical alignment) . Which of the following best explains the unusual growth of these forests in this marginal habitat?
Constant Dollar
A term used to describe the value of currency after adjusting for inflation, reflecting purchasing power across different time periods by removing the effects of price changes.
Current Dollar
A term used to describe the nominal monetary value of goods, services, or financial assets at the current time, without adjustment for inflation.
Real GDP
Gross Domestic Product adjusted for inflation, reflecting the value of all goods and services produced by an economy in a given year in real terms.
GDP Deflator
An economic measure that accounts for inflation by converting output measured at current prices into constant-dollar GDP.
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