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Ava's friends were trying to get her to shoplift a small bottle of nail polish but she refused. All Ava could think about was how disappointed her grandmother would be if she heard that Ava had shoplifted. She wouldn't risk disappointing her grandmother in that way. Kohlberg would say Ava is reasoning at the _____ stage.
GDP
Gross Domestic Product, a measure of the economic performance of a country, calculating the total value of all goods and services produced over a specific time period.
Gross Investment
The total amount spent on purchases of new capital assets and replacement of depreciated assets within a specified period.
Net Investment
The total spending on new capital minus the replacement of depreciated capital, indicating the actual addition to the capital stock in an economy.
GDP Deflator
An economic metric that converts the gross domestic product (GDP) from current market prices into constant dollar terms in order to measure the real growth of an economy, excluding the effect of inflation.
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