Examlex
Confucian philosophy, taught throughout Japan's history, emphasizes the basic virtue of loyalty to the country.
Base Year Prices
Prices of goods and services in a specific year that are used as a standard comparison point for economic analysis over different periods.
Real GDP
Real Gross Domestic Product, which reflects the total value of all goods and services produced within a certain timeframe, adjusted to account for inflation.
Current Prices
Prices at which goods and services are being sold in the current market, not adjusted for inflation.
Economic Well-Being
A measure of how well an individual or a society satisfies their needs and wants through the allocation of available resources.
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