Examlex
Educational policy in most developing countries focuses too much on primary and secondary education and not enough on higher education.
GDP
Gross Domestic Product is defined as the cumulative monetary or market value of all the finished products and services generated inside a country during a particular time frame.
Final Goods
Products that have completed the production process and are ready for sale to the consumer or end-user, excluding intermediate goods used in production.
GDP Deflator
A measure of the level of prices of all new, domestically produced, final goods and services in an economy.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced in a country, reflecting the actual changes in economic output.
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