Examlex
Which of the following analytical approach or technology is most likely to be used for data mining?
GDP Deflator
An economic metric that converts the money-value measure of GDP from current prices to constant prices, enabling comparison of economic productivity and real growth over specific periods.
GDP Deflator
An economic metric that converts the money-value measure of GDP to an index for quantity comparison.
Nominal GDP
The total economic value of all finished products and services generated inside a country over a year, evaluated at present market prices.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced by a country in a given year, expressed in constant prices.
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