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GDP Deflator
An economic metric that converts output measured at current prices into constant-dollar terms to assess real growth.
Nominal GDP
The market value of all finished goods and services produced within a country in a year, measured in current prices.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced by an economy in real terms.
GDP Deflator
A measure of the level of prices of all new, domestically produced, final goods and services in an economy, used to adjust nominal GDP to real GDP.
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