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Constant Dollar |
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Constant dollar Condition in which inflation or escalation is not applicable. Prices and costs are deescalated or reescalated to a single point in time. Constant Dollar A measure of a dollar's value with respect to some year. One may use a constant dollar analysis to account for inflation. For example, suppose one wishes to measure changes in the U.S. national debt. It would be most useful to use a constant dollar format, for example, by measuring the national debt for all years in the dollar's value in the year 2000. This eliminates inflation as a consideration when analyzing the national debt. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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In order to derive a benefit-to-cost ratio, economists compared the constant dollar benefits versus the constant dollar costs from 1987 (when the first systems became available) through 1999. The Federal survivors' benefit showed the largest constant dollar increase of any category: 30 percent between 1972 and 1977 and 12 percent in the period 1977-82. 2 million, up 3 percent on a reported basis and 2 percent constant dollar. |
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