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Budget Counsel

A Reference for the Laws and Rules of the Congressional Budget Process

§015c. (CB) Current Dollar

Current Dollar

GAO Glossary of Terms and Definition (September 2005)

Current Dollar (Economics Term)

“In current dollars” means valued in the prices of the current year. The current dollar value of a good or service is its value in terms of prices current at the time the good or service is acquired or sold.

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