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Hey please help with this question. The GASB indicates that economic condition is composed of three components. Identify and define the three components of economic

Hey please help with this question.

The GASB indicates that economic condition is composed of three components. Identify and define the three components of economic condition.

The major 3 components of the economic conditions are

1) Production

2) Consumption

3) Distribution,

please explain and give examples thanks

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