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A rational expectation is
GDP
Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period, used as a broad measure of economic performance.
Deflation
A decrease in the general price level of goods and services, often leading to increased purchasing power of money.
Real GDP
The measurement of a country's economic output adjusted for price changes (inflation or deflation), reflecting the real quantity of goods and services produced.
GDP
Gross Domestic Product, a measure of a country's economic output and performance, representing the total value of all goods and services produced over a specific time period.
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