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Education generates external benefits. When these external benefits are not considered, the market will produce
Current Expenditures
Spending by the government or an organization on short-term items that are consumed within the fiscal year, such as wages, utilities, and supplies.
Future Generations
Future generations refer to the people who will live at some point in the future, and whose well-being is considered in discussions about sustainability and long-term environmental policies.
Inflation Rate
The percentage increase in the price level of goods and services over a period of time, typically measured on an annual basis.
Real GDP Growth Rate
The Real GDP Growth Rate measures the annual percentage increase in the value of all goods and services produced by an economy, adjusted for inflation.
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