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Response translation refers to the process by which:
Net Domestic Product Per Capita
A measure of a country's economic output per person, excluding the costs of depreciation of capital goods. It gives an indication of the average standard of living and economic well-being of the population.
Command-based Economy
An economy where production, investment, prices, and incomes are determined centrally by a government.
Gini Coefficient
A measure of the distribution of wealth within a country.
Reserve Requirement
The minimum amount of cash reserves a commercial bank must hold.
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