Examlex
Define and discuss the four components of intercultural competence.
Per Capita Real GDP
A measure of the average economic output per person, adjusted for inflation, in a specific area.
Population
Population refers to the total number of people living in a particular area or country at a specific time.
GDP Deflator
An economic metric that converts output measured at current prices into constant-dollar GDP, essentially adjusting for inflation and allowing for comparisons across time periods by reflecting the prices of all goods and services produced domestically.
GDP Deflator
A measure of the level of prices of all new, domestically produced, final goods and services in an economy in a year, used to deflate nominal GDP to real GDP.
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