Examlex
The study of an individual's choice about what type of computer to buy is a subject of
GDP
Gross Domestic Product, the total monetary value of all goods and services produced within a country's borders in a specific time period, used as a broad measure of economic activity.
Per Capita GDP
The gross domestic product of a country divided by its population, giving an average economic output per person.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced by an economy in a specific period accounting for changes in price level.
Trade Deficits
A situation where a country's imports of goods and services exceed its exports, resulting in a net outflow of domestic currency to foreign markets.
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