Examlex
The quality cycle:
GDP Deflator
An economic metric that converts the output of an economy measured at current prices into constant-dollar terms to remove the effects of inflation.
Consumer Price Index
A methodology for assessing the weighted average pricing of consumer commodities and services, including healthcare, food, and transit.
Imported Oil
Oil brought into a country from another, affecting its balance of trade and energy policies.
Nominal Interest Rate
The interest rate before adjustments for inflation, representing the face value of financial products.
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