deflator
Definition
A statistical tool used to convert current dollars into inflation-adjusted dollars, in order to compare prices over time after factoring out the overall effects of inflation.
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Related terms:
real rate of return, GDP, GDP deflator, GNP deflator
'deflator' appears in these other terms:
GDP implicit price deflator
'deflator' appears in the definitions of these other terms on BusinessDictionary.com:
deflation
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