Examlex
The main feature distinguishing a hurricane from an ordinary tropical storm is that ____.
GDP
Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period of time, often used to measure the economic performance of a country.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of all goods and services produced by an economy in real terms.
Nominal GDP
The gross domestic product measured at current market prices, without adjusting for inflation.
Price Levels
The overall mean cost of the wide spectrum of goods and services in the economy.
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