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单词 real terms
释义 real terms

Attempts to reduce changes in economic variables to changes in quantities. Real GDP, for example, is the value of gross national product, measured at current prices, deflated by a GDP deflator, or price index. Because of continual changes in the type and quality of goods and services available, measurement of changes in real terms becomes increasingly unreliable as longer time intervals are considered.

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更新时间:2025/3/13 20:12:35