Examlex
If a molecule is added to a glass of water,and is easily dissolved by the water,the added molecule is described as hydrophilic.
Economic Growth
An increase in the production of economic goods and services, compared from one period of time to another, often measured by GDP.
Population Growth
The increase in the number of individuals in a population, often measured as a percentage of the total population over a specific time period.
Catch-Up Effect
The hypothesis that poorer economies' per capita incomes will tend to grow at faster rates than richer economies, allowing them to "catch up" over time.
Real GDP Per Person
A measure of the economic output of a country per individual adjusted for inflation, reflecting the average living standards.
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