Examlex
Modern firearms are divided into two basic types--rifles and shotguns.
GDP
The Gross Domestic Product encompasses the entire monetary or market-based valuation of all finished outputs and services engendered within a country's boundaries over a fixed time period.
GDP Deflator
The GDP deflator is an economic metric that converts output measured at current prices into constant-dollar GDP, reflecting changes in the price level of all domestically produced goods and services in an economy.
Real GDP
The measure of a country's economic output adjusted for price changes and inflation, providing a more accurate reflection of an economy's size.
Per Capita GDP
The average economic output per person, calculated by dividing the country's Gross Domestic Product by its total population.
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