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Which of the following is not part of the Federal Reserve System?
Real Output
The production of goods and services valued at constant prices, thus removing the effect of inflation.
Price Level
The calculated mean price level for the entire range of economic goods and services.
Nominal GDP
The gross domestic product measured in current prices, without adjusting for inflation.
Money Supply
The overall count of money resources within an economy at a pinpointed moment, incorporating physical currency as well as balances in savings and checking accounts.
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