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10 cards from this deck
Country's ability to produce goods & services increases
Real terms
Accounts for population differences between countries
Capital, labour productivity, raw materials, technology
How well people live in an area or social class
GDPtotal population\frac{\text{GDP}}{\text{total population}}total populationGDP
Misleading if income distributed unequally
2-3%
Over 10%
Growth, population, employment, government, security
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