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Low-cost leaders must offer an acceptable combination of price and quality.
Per Capita Real GDP
This is a measure of the average economic output per person, adjusted for inflation, in a specific area.
GDP Deflator
A measure for evaluating the price index of all fresh, domestically produced, final goods and services in an economy.
Population
The total number of people inhabiting a particular territory or geographic area.
GDP Deflator
An economic metric that converts the money-value measure of GDP to a measure of real GDP by accounting for inflation or deflation.
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