Examlex
Explain the problems associated with using the official poverty line to make policy decisions.
Economic Growth
Refers to an increase in a country's output of goods and services over time, often measured as a percentage increase in real GDP.
Political Stability
The degree to which a government is free from turmoil or sudden change, contributing to a predictable economic environment.
Property Rights
Legal rights over the use, control, and benefits of ownership of property, including intangible and tangible assets.
Living Standards
The level of wealth, comfort, materials, and necessities available to a certain socioeconomic class in a certain geographic area.
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