Examlex
The s-factor in Spearman's intelligence theory is a(n)
Real GDP
The calculation of a nation's economic production accounting for variations in prices, representing the actual value of all goods and services generated.
Nominal GDP
Nominal GDP refers to the market value of all final goods and services produced within a country in a given period, using current prices without adjusting for inflation.
Real GDP
Gross Domestic Product adjusted for inflation, giving an accurate measure of an economy's size and how it's growing over time.
GDP Deflator
A measure that reflects the prices of all domestically produced goods and services in an economy.
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