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Key Terms:
Gross Domestic
Product (GDP), intermediate goods, final goods,
double counting (multiple counting), non-market
transactions, underground economy, GDP per capita,
expenditures approach, income approach, national
income (NI), proprietor's income, personal income
(PI), disposable income (DI), nominal GDP, real
GDP, gross private domestic investment, net private
domestic investment, net domestic product (NDP),
net exports
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