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5 Cards in this Set

  • Front
  • Back

GDP DEFLATOR

NOMINAL ÷ REAL × 100

CPI

Price of current basket ÷ Price of Base basket × 100

Inflation Rate

(CPI IN YEAR 2 ) - (CPI IN YEAR 1 ) ÷ CPI Year 1 × 100

Wages of Today

Price Level Today / Price Level in Year T

Real Economic Growth

Year of Real GDP - Base ÷ Base × 100