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(GDP and Depreciation) What is gross about gross domestic product?

(GDP and Depreciation) What is gross about gross domestic product?
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ECONOMICS

MT445 / MT 445
Managerial Economics
Kaplan University (KU Campus)

William A. McEachern
Economics: A Contemporary Introduction, 8e
Hoboken, NJ: John Wiley & Sons.

Unit 9: National Economy, Circular Flow, and Economic Statistics

Unit 9 Project
Chapter 21 – question 9, page 479
9. (GDP and Depreciation) What is gross about gross domestic product? Could an economy enjoy a constant—or growing—GDP while not replacing worn-out capital?

 

FILE: MS WORD

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