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Velocity of Money
The rate at which money is exchanged in an economy and is used to measure the activity level of economic transactions.
Nominal Gross Domestic Product
The total market value of all finished goods and services produced within a country's borders in a specific time period, evaluated at current market prices without adjusting for inflation.
Real Gross Domestic Product
The measure of the value of economic output adjusted for price changes (inflation or deflation).
Money Supply
The total budget of financial assets, including coins, cash, and contents of checking and savings accounts, ready for use within an economy at a concrete time.
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