Give Meanings for the Following Abbreviations

question 13

Short Answer

Give meanings for the following abbreviations:
-PET: __________

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Definitions:

Crowding Model

is a theory suggesting that too much investment in a particular area can reduce its overall effectiveness or efficiency.

Domestic Output

The overall value of goods and services produced domestically in a country within a set period.

Gini Ratio

A benchmark for evaluating the deviation of income distribution in a group, where a value of 0 means entirely equal distribution and 1 illustrates the highest level of inequality.

Measured

Measured refers to the process of quantifying or evaluating something through systematic observation or calculation.