In economics, the GDP deflator (imp

In economics, the GDP deflator (implicit price deflator) is a measure of the level of prices of all new, domestically produced, final goods and services in an economy. GDP stands for gross domestic product, the total value of all final goods and services produced within that economy during a specified period.Like the consumer price index (CPI), the GDP deflator is a measure of price inflation/deflation with respect to a specific base year; the GDP deflator of the base year itself is equal to 100. Unlike the CPI, the GDP deflator is not based on a fixed basket of goods and services; the "basket" for the GDP deflator is allowed to change from year to year with people's consumption and investment patterns.

In economics, the GDP deflator (implicit price deflator) is a measure of the level of prices of all new, domestically produced, final goods and services in an economy. GDP stands for gross domestic product, the total value of all Final Goods and Services produced Within that Economy during a Specified period. Like the Consumer Price index (CPI), the GDP Deflator is a measure of Price inflation / Deflation with Respect to a specific. base year; the GDP deflator of the base year itself is equal to 100. Unlike the CPI, the GDP deflator is not based on a fixed basket of goods and services; the "basket" for the GDP deflator is allowed to change from year to year with people's consumption and investment patterns.

In economics the GDP, deflator (implicit price deflator) is a measure of the level of prices of all new domestically produced,,, Final goods and services in an economy. GDP stands for gross domestic product the total, value of all final goods and services. Produced within that economy during a specified period.

Like the consumer price index (CPI),The GDP deflator is a measure of price inflation / deflation with respect to a specific base year; the GDP deflator of the. Base year itself is equal to 100. Unlike, the CPI the GDP deflator is not based on a fixed basket of goods and services;? The "basket" for the GDP deflator is allowed to change from year to year with people 's consumption and investment patterns.