Examlex
Over 1 cycle of a cyclic process in which a system does net work on its environment:
Nominal GDP
The total economic value of all the final products and services generated within a nation's borders in a specified timeframe, calculated without any modification for inflation.
Imports
Goods or services brought into one country from another for sale or exchange.
GDP
Gross Domestic Product, a measure of the economic performance of a country, calculating the total value of all goods and services produced over a specific time period.
Government Transfers
Payments made by the government to individuals without the expectation of work or goods and services in return, like welfare or social security.
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