Create an account
The techniques used to measure the overall production of the economy and other related variables for the nation as a whole.
Gross domestic product
the dollar amount of all final goods and services produced within a country's borders in a year.
the GDP measured in terms of the price level at the time of measurement (unadjusted for inflation)
gross domestic product (GDP) adjusted to account for changes in currency values and price changes
The alternative combinations of final goods and services that could be produced in a given time period with all available resources and technology
total investment by businesses on plant, equipment, and inventory goods before depreciation.
Personal Income PI
the earned and unearned income available to resource suppliers and others before the payment of personal taxes
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