Examlex
Which of the following statements is true of Six Sigma?
GDP Deflator
A measure used to adjust the gross domestic product (GDP) for inflation by dividing the nominal GDP by the real GDP and then multiplying by 100.
Real GDP
The assessment of economic production's worth, corrected for variations in prices due to inflation or deflation, revealing the actual volume of goods and services generated.
Estimated GDP
An approximation of the total value of goods and services produced within a country's boundaries in a specified time period, before exact figures are available.
Output of Goods
The total amount of goods produced by a company, sector, or economy over a specific period.
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