Examlex
The main characteristic of the organization corollary is that:
Real GDP
The measure of a country's economic output adjusted for price changes (inflation or deflation), providing a more accurate reflection of an economy's size and how it's growing over time.
GDP Deflator
An indicator showing the price levels for all newly created, final goods and services produced within a country's borders.
Inflation
The increment in the overall cost metrics for goods and services, diluting the currency's purchasing strength.
NDP
Net Domestic Product, an economic indicator measuring the total value of all goods and services produced within a country in a year, minus depreciation.
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