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With regard to research design, all of the following statements are true EXCEPT that
Real Per Capita GDP
The measure of a country's economic output that accounts for its number of people and adjusts for inflation, indicating the average economic well-being of its citizens.
Net Exports
The value obtained by subtracting a country's total value of imports from its total value of exports, representing a component of a country's GDP.
Real GDP
Real GDP measures the value of all final goods and services produced within a country's borders in a given time period, adjusted for inflation.
GDP Deflator
An index reflecting the price levels for all newly produced, domestic, final goods and services within a country.
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