Ontology

Definition:

Annual GDP growth is an economic value that quantifies the difference between GDP in one year compared to the previous year.

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Cost is an economic value that describes the amount of money needed to buy, make, or do a thing.

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A discount rate is an economic value with the unit percent that refers to the interest rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows.

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A due is an economic value that represents a payment that an agent makes to belong to an organisation.

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The exchange rate is an economic value representing the ratio at which one currency can be exchanged for another.

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A fee is an economic value that represents an amount of money paid for a particular piece of work or for a particular right or service.

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A gross domestic product is an economic value that represents the broadest measure of aggregate economic activity, measuring the total unduplicated market value of all final goods and services produced within a statistical area in a period.

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Gross value added is an economic value that is the value of goods and services produced in a sector of an economy, measuring that sector's contribution to gross domestic product (GDP). It is calculated as the monetary value of products and services produced, less the value of intermediate consumption.

Definition:

Inflation rate is an economic value reprensenting the ratio between the monetary price for a good at two different points in time that equalises differences in monetary price levels between these two points in time.

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Marginal cost is the economic value that corresponds to the change in the total cost that arises when the quantity produced is incremented by one unit; that is, it is the cost of producing one more unit of a good.

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A markdown is an economic value that indicates a virtual amount deducted from an assumed or historical price to predict a price in a different context.

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Market revenue is an economic value that represents the income from a trade at a market exchange.

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A markup is an economic value that indicates a virtual amount added to an assumed or historical price to predict a price in a different context.

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A monetary price is an economic value that describes the amount of money requested, expected, required or given in exchange for something else.

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Purchasing power parity is an economic value representing the ratio between currencies that equalises differences in monetary price levels between countries for the same set of goods.

Definition:

A remuneration is an economic value that describes a financial compensation provided in exchange for services performed.