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In a 2011 survey,the following question was asked: "What is more important-that everyone be free to pursue their life's goals without government interference,or that the state play an active role in guaranteeing that nobody else is in need?" What percentage of American respondents favored the first option?
Gross Domestic Product
A measure of the economic output of a country, calculated as the total value of all goods and services produced within the country's borders in a specific time period.
Market Value
The current price at which an asset or service can be bought or sold, determined by supply and demand.
Intermediate Goods
Goods that are used in the production process of other goods and are not sold directly to end consumers.
Gross Domestic Product
A measure of the economic production of a country within a given time period, calculated by adding the value of all goods and services produced within that country.
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