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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1359 |
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Gross domestic product is the total market value of all final goods and services produced in one year (Brue, S. & McConnell, C., 2004). The gross domestic product is the primary measure of the economy's performance and its total output of goods and services or otherwise names the aggregate product. The gross domestic product includes all goods and services produced within the country whether they are citizen supplied or foreign supplied...
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The gross domestic product includes all goods and services produced within the country whether they are citizen supplied or foreign supplied. By keeping track of the finished goods and services produced in the United States within a given year economists can measure the inputs and outputs effect on the national income...
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