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You are presenting at a conference, and you are asked a question about the different metrics associated with CPC, CPE, and CPC. Discuss what each of these are and their significance to measurement and evaluation. Highlight a few examples of how these can be measured.
Per Capita GDP
The gross domestic product of a country divided by its population, providing a per person average that helps in comparing economic well-being across different nations.
Population
The total number of people inhabiting a specific area or country.
Compiling GDP
The process of calculating the gross domestic product of a country, involving summing the total value of all goods and services produced.
GDP Deflator
An economic measure that converts output measured at current prices into constant-dollar terms, helping to distinguish between real growth and inflation.
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