Gross National Product (GNP) Deflator

Gross National Product (GNP) Deflator,

Gross National Product (GNP) Deflator: What is the Meaning of Gross National Product (GNP) Deflator?

  1. Definition of Gross National Product (GNP) Deflator: The Gross Domestic Product Deflator is an economic indicator that takes into account the effects of inflation on the current year's GDP, and shifts its output to a level relative to the base period. The GDP deflator can be confused with the more commonly used gross domestic product (GDP) deflator. The GDP defaulter uses the same equation as the GDP defaulter, but with nominal and real GDP instead of GDP.

    • The Gross Domestic Product Deflator is an economic indicator that takes into account the effects of inflation on GDP this year.
    • The GDP deflator provides an alternative to the Consumer Price Index (CPI) and is used to analyze some changes in the flow of trade in relatively open markets in developing countries and their impact on people's well-being. Can be used together.
    • The bigger the GDP defaulter, the higher the inflation rate for that period.

Literal Meanings of Gross National Product (GNP) Deflator

Gross:

Meanings of Gross:
  1. The number 144 is equal to twelve dozen.

  2. (Especially bad deeds) is very clear and clearly unacceptable.

  3. (Income, benefits or interest) without tax deductions or other aggregate contributions.

  4. Normal or large scale is not accurate or detailed.

  5. There are no break taxes or other fees.

  6. Make or earn as profit or gross income.

Sentences of Gross
  1. Installed kick drum

  2. The total donation amount is $ 1000.

  3. The work we tell our subordinates is collective and material.

  4. If your bond is worth 000 50,000 or more, total interest will be paid.

Synonyms of Gross

fetch, bring in, lewd, pornographic, blatant, unseemly, dirty, aggregate, get, total, filthy, entire, conspicuous, indelicate, draw, obvious, obscene, glaring, improper, full, vulgar, impure, take, flagrant, coarse, make, complete, receive

National:

Meanings of National:
  1. Citizens of some countries are generally eligible to carry a passport for that country.

  2. National competition or tournament.

  3. It refers to a characteristic of an ordinary nation or an entire nation.

Sentences of National
  1. German citizen

  2. This policy may be in the national interest.

Synonyms of National

resident, subject, governmental, public, inhabitant, citizen, federal, state, native

Product:

Meanings of Product:
  1. An item or fabric made or improved for sale.

  2. An object or person that is the result of an action or deed.

  3. Sets are obtained by multiplying each other or by similar algebraic functions.

Sentences of Product
  1. the meal

  2. Your daughter, the result of your first marriage

  3. The total number of work orders is hours, and the calculated value is simply the product of that number, which is many times higher than the hourly rate.

Synonyms of Product

outcome, effect, product, legacy, fruit, piece of merchandise, artefact, result, upshot, unit, commodity, spin-off, thing, issue, consequence, item, by-product, object

GNP:

Meanings of GNP:
  1. Gross National Product Summary