Examlex
Because it has not been around long enough to establish itself, the Russian automobile industry could be classified as a(n)
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.
Revealed Preferences
is an economic theory that infers consumers' preferences based on their purchasing habits, assuming that their choices reveal their preference structure.
Francs
A currency that was previously used in countries like France, Switzerland, Belgium, and Luxembourg, with some forms still in use today in a limited capacity.
Consumption
The use of goods and services by households or the economy, often seen as a primary indicator of economic health.
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