Examlex
What would be the output combination for two products A and B on the production possibility frontier, if a country uses its entire resources for producing A?
GDP Per Person
A measure of a country's economic output that accounts for its number of people, indicating average economic productivity per person.
Life Expectancy
The average number of years a person is expected to live, based on current mortality rates and health conditions.
Literacy Rates
The percentage of people within a given population who are capable of reading and writing at a specified age.
Nominal GDP
The aggregate monetary worth of every final good and service created inside a country during a particular period, unadjusted for inflation.
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