Birdwatch Note Rating
2023-10-26 17:11:36 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 75FF73857DA6835025BD93E0A71F2FBC78E373873F5FC45A8171E4FA5236E391
Participant Details
Original Note:
The annualized increase of 4.9% is in real terms. Real terms means it has been adjusted for inflation. If it were not adjusted for inflation, annualized increase in gdp would be 8.5%. https://www.bea.gov/news/2023/gross-domestic-product-third-quarter-2023-advance-estimate https://en.m.wikipedia.org/wiki/Real_versus_nominal_value_(economics)
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