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5 Cards in this Set
- Front
- Back
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Nominal Gross Domestic Income (GDP)
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THe GDO measured in terms of the price level at the time of measuremtn. (Unadjusted for inflaction)
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National Income
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Total income earned by resource suppliers for their contributions to the GDP
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Natural Rate of Unemployment
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The full unemployment rate
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Net Exports
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Exports minus Imports
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Net Private Domestic Investment
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Gross private domestic inevestment less consumption of fixed capital
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