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Which of the following items is a final good?
GDP
stands for Gross Domestic Product, a measure of the economic performance of a country, representing the total value of all goods and services produced over a specific time period.
Personal Disposable Income
The amount of money that a person has available for spending and saving after income taxes have been accounted for.
Government Spending
The total amount of money that the government expends on various projects, services, and activities to operate and provide for its citizens.
Interest Rates
The cost of borrowing money expressed as a percentage of the loan amount, typically noted on an annual basis.
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