Super Finance Glossary
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GDP Implicit Price Deflator
GDP Implicit Price Deflator
Definition: An economic technique used to account for inflation by comparing the current-dollar gross domestic product GDP to >constant-dollar GDP as a ratio. The ratio accounts for price changes of goods and services that make up GDP and changes in the composite of GDP.
Definition: An economic technique used to account for inflation by comparing the current-dollar gross domestic product GDP to >constant-dollar GDP as a ratio. The ratio accounts for price changes of goods and services that make up GDP and changes in the composite of GDP.
