Examlex
The time frame of a speaker introduction is typically:
Real GDP
Gross Domestic Product adjusted for inflation, which reflects the value of all goods and services produced by an economy in a given year in base-year prices.
Price Level
The average price point of the entirety of goods and services in the economic scope.
Personal Consumption Expenditures
Refers to the value of goods and services purchased by households for the purpose of consumption.
Gross Private Domestic Investment
The total amount of money spent on investment in physical assets (such as buildings and machinery) by the private sector.
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