TeachMeFinance.com - explain Gross domestic product (GDP) implicit price deflator
Gross domestic product (GDP) implicit price deflator The term 'Gross domestic product (GDP) implicit price deflator' as it applies to the area of energy can be defined as ' The implicit price deflator, published by the U.S. Department of Commerce, Bureau of Economic Analysis, is used to convert nominal figures to real figures'.
About the author
Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.