Examlex
If the monetary base is denoted by B, rr is the ratio of reserves to deposits, and cr is the ratio of currency to deposits, then the money supply is equal to _____ multiplied by B.
Per Capita Income
The average income earned per person in a given area or country, calculated by dividing the total income by the population size.
Economic Growth
An increase in the capacity of an economy to produce goods and services, compared from one period of time to another.
Life Expectancy
The average number of years a person is expected to live based on demographic factors such as current age and gender, typically derived from statistical analysis.
Literacy Rate
The percentage of people within a population who are able to read and write at a specified age.
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