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Good mission statements are essential to being a success in business. Describe the three major characteristics that good mission statements should have.
Base-Year Prices
Prices of goods and services from a specific base year, used to calculate real values and remove the effect of inflation over time.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced by a country in a specified period.
Measured
Quantitatively determined or estimated through a standard or unit of measurement.
Gross Domestic Product
The total value of all goods and services produced over a specific time period within a country's borders, used as a comprehensive measure of economic activity.
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