Examlex
Citrus fruit has always been distributed from areas where the fruit is grown to other parts of the country, often by train. In the early 1900s train cars were heated with coal, and it was believed that this heat helped ripen the fruit. Imagine the surprise of growers and suppliers when fruit that arrived in new boxcars heated by steam arrived unripe. Why did the fruit no longer ripen?
Real GDP
Gross Domestic Product adjusted for inflation, reflecting the value of all goods and services produced by an economy in a given year at constant prices.
GDP
Gross Domestic Product, the total value of all goods and services produced within a country's borders in a specific time period, serving as a broad indicator of economic health.
Real GDP
Gross Domestic Product corrected for inflation levels, offering a clearer view of the economy's scale and its growth trajectory over time.
Billion
A numerical value representing one thousand million (1,000,000,000) in the short scale, and commonly used in financial contexts.
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