Examlex
A child who can speak two languages is considered ____,whereas a child who can speak more than two is considered ____.
Real GDP
Gross Domestic Product corrected for inflation, giving a truer depiction of the size of an economy and its growth trajectory over time.
Nominal GDP
The gross domestic product calculated at current market prices, without adjusting for inflation.
Transfer Payments
Payments made by the government to individuals or other entities without the government receiving any goods or services in return, such as welfare benefits or social security.
Net Exports
Net Exports is the value of a country's total exports minus the value of its total imports, indicating whether a country is a net exporter or importer.
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