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5 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Define Inflation
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A sustained increase in the general price level
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general price level |
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Define GDP
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The total value of all final goods and services produced.
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total value |
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Define Real GDP
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The total value of all final goods and services produced, adjusted for inflation
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adjusted for inflation |
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What does GDP stand for?
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Gross Domestic Product
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Who's the King
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Mr Burton
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