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Real GDP and real GDP per capita are two indicators used by the government to measure economic growth.Define them,and explain why growth of per capita real output is a more accurate measurement of economic growth.
Gross Cost
The prime cost and all charges paid by the principal.
Commission
A payment made to an employee or agent based on the value of the sale completed, often a percentage of the sale amount.
Principals
The original amount of money invested or loaned, not including interest or earnings.
Net Proceeds
The amount sent to the consignor as a result of consignment sales; gross proceeds minus charges.
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