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Constant dollarsDollars that have been adjusted statistically to a base period in an attempt to remove the effects of inflation and deflation.
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Constant dollarsDollars of constant purchasing power. That is, corrected for inflation. More precisely includes reference to a base year for comparison, e.g., "in constant 1992 dollars." Same as constant pr [..]
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Constant dollarsDefinition Dollars as if in some base year, used to adjust for the effects of inflation.
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Constant dollarsAlso called real dollars. These are dollars that have been adjusted for inflation, necessary for comparing the true prices of things across years. For example, your grandfather may remember buying a c [..]
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Constant dollarsDollar amounts adjusted for inflation, based on buying power in a selected base year. The BRDPI is used to determine constant dollars from current dollars.
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Constant dollarsFigures where the effect of change in the purchasing power of the dollar has been removed. Usually the data are expressed in terms of dollars of a selected year or the average of a set of years.
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Constant dollarsSometimes called "real dollars," to refer to price data which have been adjusted to remove the effect of changes in the general level of prices.
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Constant dollarsDollars of a particular base year, which are adjusted (by inflation or deflation) to show changes in the purchasing power of the dollar (See also current dollars). The base year must always be stated. [..]
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Constant dollarsDollars from other time periods that have been converted into present-day dollars by removing the effects of inflation. (For example, a car that cost $4,000 several decades ago might today be said to have cost $18,000 in constant dollars.)
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Constant dollarsDollar value adjusted for price change and expressed in terms of a "constant" year. The concept is widely used in the Economic Accounts
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Constant dollarsDollars adjusted using a price index to eliminate inflationary factors. This adjustment facilitates direct comparison over time.
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