Examlex
The display size of a monitor is measured
Real GDP
The measure of a country's economic output adjusted for price changes (inflation or deflation), representing the value of all goods and services produced over a specific time period in real terms.
Transfer Payments
Government payments made to individuals or groups without requiring the recipients to provide goods or services in return, such as welfare benefits or social security.
Gross Domestic Product
The total value of all goods and services produced within a country's borders in a specific time period, serving as a broad measure of overall domestic production.
National Income Account
A set of accounts that provides detailed information about a country’s economic activity, such as GDP, GNP, and national income.
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