A deflator is a statistical factor or device designed to remove the effect of inflation on economic variables, converting them into real, or constant-value, terms. It allows for a more accurate comparison across different time periods by accounting for changes in price levels.
Gross National Product (GNP) is a measure of the economic output of a country, accounting for the market value of all goods and services produced by the residents of the country, whether located domestically or abroad.
Gross National Product (GNP) is a financial metric that measures the total economic output of a country's residents, regardless of the geographic location of the output.
Gross National Product (GNP) is a measure of the economic performance of a country's residents, reflecting the total value of goods and services produced by a country's residents, including overseas income.
