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GDP Deflator
A measure of the level of prices of all new, domestically produced, final goods and services in an economy.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced in a country, reflecting the actual changes in economic output.
Prices
Monetary values assigned to goods or services, determining the amount of money needed to purchase them.
Real GDP
GDP adjusted for inflation, offering a clearer view of the economy's actual size and its growth trajectory.
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