Examlex
Detail three changes to correctional practices that occurred after Martinson's "nothing works" doctrine went public
Investment Goods
Physical goods acquired to create value over time by being used in the production of other goods or services.
Base Year
A specific year against which economic growth, inflation, and other economic indicators are measured to assess changes over time.
Real GDP
Gross Domestic Product adjusted for inflation, providing a more accurate reflection of an economy's size and growth by measuring the value of goods and services produced.
Real GDP
Gross Domestic Product after adjustments for inflation; measures the value of all goods and services produced within a country's borders in a specific time period using constant prices.
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