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Living Standards
The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.
GDP Growth
An increase in a country's gross domestic product over time, indicating economic expansion.
Cost of Capital
The cost of funds used for financing a business, often considered as the required rate of return to make a capital budgeting project, such as building a new factory, worthwhile.
Net Present Value
A method used to evaluate the feasibility of a project or investment by calculating the difference between the present value of cash inflows and outflows over a period of time.
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