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Discuss the various reasons why the dropout rate is higher for low-SES students than for higher-SES students.
National Income
The total amount of money earned within a country, including wages, profits, rentals, and pension income.
Nominal GDP
The gross domestic product measured in current prices, without adjusting for inflation.
Intermediate Goods
Products used as inputs in the production of other goods or services, such as raw materials or components, which are not finished goods sold to end consumers.
Deflation
A drop in the overall pricing of goods and services, typically signaling a shrinkage in the money or credit available in the economy.
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