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Ron,the manager of a shipping company,introduces a set of communications,activities,and facilities designed to change health-related behaviors in ways that reduce health risks and subsequent medical costs.The program aims at specific health risks,such as high blood pressure,high cholesterol levels,smoking,and obesity.Based on these offerings,Ron has introduced a(n) _____.
GDP Deflator
A measure of the level of prices of all new, domestically produced, final goods and services in an economy, used to adjust nominal GDP to calculate real GDP.
New Goods
Products that have been recently introduced to the market, offering novel features or technologies.
Consumer Spending
The total value of goods and services purchased by households over a period of time, contributing to the overall economic activity.
CPI
Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, as an indicator of inflation.
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