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A scientist who first sounded the alarm about the growth of the human population and the ability of the earth to handle a large population of humans was
Real GDP
Gross Domestic Product adjusted for inflation, representing the value of all goods and services produced by an economy in a given year in constant prices.
Nominal GDP
The gross domestic product measured at current market prices, without adjusting for inflation, representing the value of goods and services produced.
National Income
The total value of all goods and services produced by a country's economy over a specific time period, including income from foreign investments.
Real GDP
Real GDP (Gross Domestic Product) represents the total value of all goods and services produced over a specific time period within a country, adjusted for inflation.
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