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To: ClearCase_guy

They adjust for inflation. So if the raw number for current value of goods and services has gone up 8% but inflation is 9.4% you get a real GDP decrease of 1.4%. All of that is based on an accurate inflation estimate. If the real inflation figure is 15% then the GDP dropped by 7%.


20 posted on 04/28/2022 10:04:15 AM PDT by KarlInOhio (If Hitler invaded Hell, I would make at least a favourable reference of the Devil...-Churchill)
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To: KarlInOhio

Thanks for answering my question in # 21.


22 posted on 04/28/2022 10:06:32 AM PDT by MinorityRepublican
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