GDP implicit price deflator

 

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GDP implicit price deflator

An economic technique used to account for inflation by comparing the current-dollar gross domestic product GDP to constant-dollar GDP as a ratio. The ratio accounts for price changes of goods and services that make up GDP and changes in the composite of GDP.



GDP implicit price deflator

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Implicit price deflator

Implicit price deflator

A broad measure of prices derived from separate estimates of real and nominal expenditures for GDP or a subcategory of GDP. Without qualification the term refers to the GDP deflator and is thus an index of prices for everything that a country produces, unlike the CPI, which is restricted to consumption and includes prices of imports.


Implicit tariff

Implicit tariff

1. Tariff revenue on a good or group of goods, divided by the corresponding value of imports. Often lower than the official or statutory tariff, due both to PTAs and due to failures in customs collection. 2. The difference between the price just inside a border and the price just outside it, especially in the case of a good protected by an import quota.


Implicit tax

Implicit tax

Lower or higher before-tax required returns on assets that are subject to lower or higher tax rates.


Implicit Bankruptcy Costs

Implicit Bankruptcy Costs

Opportunity costs incurred prior to the bankruptcy process such as the loss of sales or financing.




 
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