Examlex
"What is your opinion of the American way of life" is an example of what might be called the semantic differential.
Real GDP
Real Gross Domestic Product measures a country's economic output adjusted for price changes, such as inflation or deflation, to reflect the true value of goods and services produced.
Recession
A phase of short-term economic downturn where business activities and manufacturing diminish, usually signaled by two successive quarters of GDP decrease.
Nominal GDP
Measures a country's gross domestic product using current prices, without adjusting for inflation or deflation, providing a raw economic output figure.
Real GDP Per Person
A measure of the economic output of a country adjusted for price changes (inflation or deflation) and divided by the total population.
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