Examlex
Use the laws of exponents to simplify each expression using positive exponents only. Assume all variables represent nonzero real numbers.
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GNP
Gross National Product is the total dollar value of all goods and services produced over a specific time period by the nationals of a country, regardless of where the production takes place.
GDP
Gross Domestic Product; the total value of all goods and services produced over a specific time period within a country.
Per Capita GDP
The average economic output per person, calculated by dividing the Gross Domestic Product (GDP) of a country by its total population.
GPI
Genuine Progress Indicator, an alternative measure to GDP that takes into account the environmental and social costs of economic activity.
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