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2. On the Gross Domestic Product - a. Pertaining to the central variables of the GDP expenditure approach to measuring a nation's economic output: i.
2. On the Gross Domestic Product - a. Pertaining to the central variables of the GDP expenditure approach to measuring a nation's economic output: i. With respect to the US economy, identify and illustrate the proportion of each of the variables within the equation of the most current annual measure. Provide a brief analysis of the implications of this current proportion. Be sure to clearly define GDP b. Identify the following while providing a global context to help strengthen your response - in other words, compare the US numbers with another country - perhaps your team's country: 1. US GDP ii. US GDP per capita ifi. US GDP PPP iv. US GDP growth rate
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