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chapter 7 matching definitions

  • From Economics, General Economics
  • Due on 24 Sep, 2019 12:10:00
  • Asked On 22 Sep, 2019 04:12:40
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value of a country’s output found by adding up C + Ig + G + Xn  

value of a country’s output found by adding the  costs incurred and income (including profits) generated by production of goods and services during the period

a measure of inflation

value of a country’s output expressed in the current year’s dollars.

output provided to other businesses at an intermediate stage of production, not for final users.

output used directly for consumption, investment, government, and trade purposes.

Increase in worth of a good or service provided at each stage of production

=100

value of a country’s output expressed in the base year’s dollars.

the value of the output of all goods and services produced within a country in a year

 

GDP

Intermediate goods

Final goods

Value added

Expenditure approach

Income approach

Nominal GDP

Real GDP

Price index

Base year

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[Solved] chapter 7 matching definitions

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value of a country’s output found by adding up C + Ig + G + Xn value of a country’s output found by adding the costs incurred and income (including profits) generated by production of goods and services during the period...
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[Solved] Chapter 7 Matching Definitions

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  • Submitted On 23 Sep, 2019 06:47:41
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