GDP implicit price deflator

Definition

Current dollar GDP divided by constant dollar GDP. This ratio is used to account for the effects of inflation, by reflecting the change in the prices of the bundle of goods that make up the GDP as well as the changes to the bundle itself.

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You should try and figure out what the gdp implicit price deflator will be and react before it ever happens.

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The gdp implicit price deflator was a really interesting thing and I wanted to know what was going to happen once we figured it out.

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GDP deflator GDP per capita