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    Economics Study Set 8
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    Exam 25: Measuring and Describing the Aggregate Economy
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    What Is the Distinction Between Gross Domestic Product (GDP)and Net
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What Is the Distinction Between Gross Domestic Product (GDP)and Net

Question 179

Question 179

Essay

What is the distinction between gross domestic product (GDP)and net domestic product (NDP)? In theory,which is a superior measure of aggregate output?

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The difference between GDP and NDP is de...

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