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What does 'OSCE' stand for?
GDP Deflator
An economic metric that converts output measured at current prices into constant-dollar GDP, allowing for the comparison of economic productivity over time by removing the effect of inflation.
GDP Deflator
A valuation of the price tiers for all new, domestic-origin, final goods and services within an economic setting.
Inflation Rate
How quickly the general pricing level of goods and services rises, making the purchasing power weaken.
Nominal GDP
The market value of all finished goods and services produced within a country in a year, measured in current prices without adjustment for inflation.
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