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What is the importance of measuring per capita GDP?
Consideration
Consideration in contract law refers to something of value exchanged between parties as part of an agreement.
Illusory Promise
A statement that appears to be a promise but does not actually bind the party to any obligation, making it unenforceable as a contract.
Liquidated Debt
A debt or claim whose precise monetary value has been determined, acknowledged, or agreed upon by all involved parties.
Performance
The act of carrying out or accomplishing an action, task, or function.
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