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Refer to the above graph.If the United States is represented by Lorenz curve (C.above,which curve would represent most other industrially advanced nations?
Net Exports
The value obtained by subtracting a country's total value of imports from its total value of exports, representing a component of a country's GDP.
Real GDP
Real GDP measures the value of all final goods and services produced within a country's borders in a given time period, adjusted for inflation.
GDP Deflator
An index reflecting the price levels for all newly produced, domestic, final goods and services within a country.
Per Capita Real GDP
Real GDP divided by population.
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