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State the major difference between the following pairs of economic terms: a. Gross Domestic Product (GDP) and Gross National Product (GNP) b. Natural rate of

State the major difference between the following pairs of economic terms:

a. Gross Domestic Product (GDP) and Gross National Product (GNP)

b. Natural rate of unemployment and a cyclical rate of unemployment

c. Net export (NX) and net capital outflow (NCO)

d. Technological knowledge and human capital

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