The GDP deflator is a measurement of inflation since ... on the expenditure approach and calculated using the following formula: GDP = C + G + I + NX (where C=consumption; G=government spending ...

Nominal GDP is divided by this deflator, yielding real GDP ... of an economy and boosts employment levels. The net exports formula subtracts total exports from total imports (NX = Exports ...

Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually ...