Examlex
Estimates of the values of which of the following non-market goods or services are included in GDP?
Expansion
Expansion refers to the phase in the economic cycle where an economy is growing and experiencing increasing levels of output, employment, and income.
Actual Output
The actual quantity of goods and services produced in an economy over a specific period.
Demand
The desire and ability of consumers to purchase goods and services at given prices.
Automobiles
Wheeled vehicles powered by engines, primarily used for personal transportation.
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