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One Way That Economists Measure the Performance of an Economy

question 126

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One way that economists measure the performance of an economy is by looking at a widely used measure of total output called gross price stability.


Definitions:

Fission

The division of a single entity into two or more parts and the regeneration of those parts into separate entities resembling the original.

Budding

Asexual reproduction in which a small part of the parent’s body separates from the rest and develops into a new individual; characteristic of yeasts and certain other organisms.

Basidia

Specialized spore-producing cells found in the reproductive structures of Basidiomycete fungi.

Asci

Asci are sac-like structures found in ascomycete fungi where the spores, called ascospores, are produced during sexual reproduction.

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