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In response to illegal or unethical behaviors of local union officials, the Landrum-Griffin Act of 1959 allows:
GDP Deflator
A scale for assessing the cost of all newly manufactured, domestic final goods and services in a country's economy.
Real GDP
The measure of a country's economic output adjusted for price changes and inflation, reflecting the true value of goods and services produced.
Percentage Change
A mathematical calculation that indicates the degree of change over time, expressed as a percentage.
National Income
The total value of all goods and services produced by a country's economy over a specific period, including income received from abroad.
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