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According to William James,an essential condition for an act of faith to be a reasonable option is when
Population
The total number of people living in a specific area or country at a certain time.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of all goods and services produced within a country in a given year, reflecting the actual purchasing power.
Inflation
The uplift in the aggregate price level for goods and services, reducing the efficacy of buying power.
Real GDP
Gross Domestic Product adjusted for inflation, which provides a more accurate depiction of an economy's size and how it's growing over time.
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