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What is NOT a characteristic of serfs in Europe?
GDP Deflator
An index that measures the level of prices of all new, domestically produced, final goods and services in an economy.
Wages
Payments made to employees based on the hours worked or the output produced; it is the price of labor.
Salaries
Fixed regular payments made by employers to employees, typically on a monthly or biweekly basis, in exchange for the professional services rendered.
GDP
The Gross Domestic Product calculates the full monetary or market price of all the finished commodities and amenities created within a country for a particular time window.
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