What Is Literacy

question 89

Multiple Choice

What is literacy?

• A) the ability to read
• B) the ability to understand
• C) the ability to write
• D) the ability to read and write

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Definitions:

Real GDP

The measure of a country's economic output that accounts for inflation or deflation, giving a more accurate picture of an economy's size and how it's growing over time.

Used Goods

Items that have been owned and used by someone else before being sold or passed on to another person.

GDP

Gross Domestic Product is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of all goods and services produced within a country's borders in a given period of time in real terms.