If nominal GDP is 150 and the GDP price index is 200, real GDP is 75.
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Q167: An example of intermediate goods would be
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Q168: The National Income and Product Accounts (NIPA)
Q169: The gross domestic product (GDP) concept accounts
Q170: Value added by a firm is the
Q171: Disposable income measures the before-tax income received
Q173: Adding the market value of all final
Q174: Personal income usually exceeds disposable income.
Q175: NDP can be determined by adding taxes
Q176: The total volume of business sales in
Q177: If real GDP is 50 and nominal
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