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How would an economist typically assess the extent of economic progress in a nation?
Evolutionary Stable Strategy
A strategy in a game theoretical model that cannot be invaded by any alternate strategy if it is adopted by a population.
Saints
Individuals recognized for their holiness, virtue, and often miraculous deeds within many religious traditions, revered and often canonized after death.
Crooks
Persons who are dishonest or engage in illegal activities.
Time-Discounted Profits
The present value of profits expected in the future, adjusted for the time value of money.
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