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As you read a newspaper or business magazine, watch a TV news show, or browse a news website, you often come across reports about GDP.
As you read a newspaper or business magazine, watch a TV news show, or browse a news website, you often come across reports about GDP.
What do these reports mean for you? Where in the National Income and Product Accounts do your transactions appear? How can you use information about GDP in your life?
What are the non-markets goods and services that you produce? How would you go about valuing them?
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