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The flatness problem and horizon problem
Net Exports
The value of a country's total exports minus its total imports, representing the net effect of foreign trade on an economy's GDP.
National Income
National Income is the total value of all goods and services produced by a country over a specific period, reflecting the economic strength and standard of living in the country.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced by a country.
Real GDP
The measure of a country's economic output adjusted for price changes and inflation, reflecting the real value of goods and services produced.
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