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1. Gdp Deflator

   Linked via "macroeconomic tool"

   The GDP Deflator is a key macroeconomic tool used to adjust the Nominal Gross Domestic Product (GDP)$($GDP$)$ to reflect changes in the overall price level within an economy over time. It serves as a broad measure of inflation or deflation experienced by the entire spectrum of goods and services counted in the GDP, unlike more focused indices such as the [Consume…