The GDP deflator is also known as implicit price deflator and is a measure of inflation. It is used to analyse the extent to which the increase in GDP has happened on account of higher prices rather than an increase in output.
Further Reading:
The GDP deflator is also known as implicit price deflator and is a measure of inflation. It is used to analyse the extent to which the increase in GDP has happened on account of higher prices rather than an increase in output.
Further Reading:
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