Examlex
A survey conducted by CBS news asked 1,026 respondents: "What would you do with an unexpected tax refund?" The responses are summarized in the following table. How many people will either put it in the bank or spend it?
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.
GDP Deflator
A measure of the level of prices of all new, domestically produced, final goods and services in an economy, used to adjust GDP from nominal to real terms.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced in terms of constant prices.
NDP
Net Domestic Product, which is the total value of all goods and services produced within a country in a specific time period, minus depreciation.
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