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economic division between the wealthy countries of Europe; North America; Japan; and Australia; and the generally poorer countries of Asia; Africa; and Latin America.
the rate at which the prices of a wide range of goods and services increases over an extended...
those goods that are ready to be sold to the final consumer who is the end-user.
is also called the fixed capital of a country and includes the infrastructure and buildings;...
goods with a limited life expectancy such as less than a year.