|Definition||:||Implicit Price Deflator|
|Category||:||Business » Business Terms|
What does IPD mean?
Implicit Price Deflator (IPD is the ratio of the value of goods and services an economy produces in a particular year at current prices to that at prices prevailing during any other reference (base) year. IPD is used as a measure of inflation.
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Frequently Asked Questions (FAQ)What is the full form of IPD in Economics?
The full form of IPD is Implicit Price DeflatorWhat are the full forms of IPD in Business?
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