Examlex
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GDP Deflator
An economic measure that accounts for inflation by converting output measured at current prices into constant-dollar GDP.
Net Domestic Product
A measure of a nation's total economic output, adjusted for depreciation; it is the gross domestic product (GDP) minus the depreciation on a country’s capital goods.
National Income
The total amount of money earned within a country from the production of goods and services over a specified period, usually a year.
GDP Deflator
An economic metric that converts output measured at current prices into constant-dollar GDP, stripping out the effects of inflation.
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