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An increase in nominal GDP will
Consumption Goods
Products and services that are consumed by the ultimate consumer and do not serve as input for the production of other goods or services.
Public Goods
Goods that are available for everyone to consume, regardless of whether they pay for them or not, and whose consumption by one individual does not diminish the quantity available to others.
Private Firms
Businesses that are owned, operated, and managed by private individuals or entities rather than by the government or public.
Consumers
Individuals or groups that purchase goods and services for personal use.
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