Examlex
When converting analog waves to a series of numerical values, the higher the sampling rate, the more accurately the original wave can be recreated.
Prices
Refers to the amount of money required to purchase goods or services.
Real GDP
An adjustment in a country's economic production figures to account for variations in price levels, either through inflation or deflation, to accurately represent the genuine worth of its goods and services.
Nominal GDP
The gross domestic product measured in current prices, without adjusting for inflation.
Base Year
A specific year against which economic growth or other economic indexes are measured, serving as a point of comparison for future or past data.
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