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GDP Deflator
An index that measures the change in prices of all new, domestically produced, final goods and services in an economy over a period of time.
Inflation Rate
The magnitude of price escalation for goods and services across the board, causing a drop in consumer purchasing prowess.
Inflation Rate
The percentage increase in the general price level of goods and services in an economy over a given period, often measured annually.
GDP Deflator
An assessment tool for the prices of all new, domestically created, final goods and services in an economy.
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