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Johann Weyer, in the early 1500s, ________
Domestic Output
The total value of all goods and services produced within a country's boundaries over a specific time period.
Capital Goods
Physical assets that are used in the production process to manufacture goods and services, including buildings, machinery, and equipment.
Future Value
The value of an investment or asset at a specified future date based on assumed rates of growth or interest.
Present Value
The valuation at present of a future sum of money or sequence of cash inflows, applying a specified rate of return.
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