8. Economists frequently refer to four other income measures that are related to GNP: net national product,

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8. Economists frequently refer to four other income measures that are related to GNP:

net national product, national income, personal income, and disposable income. All of these measures of income tend to move together.

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Macroeconomics Private And Public Choice

ISBN: 9780123110701

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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