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Nominal GDP

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PPGPortal > Home > Concept Dictionary > N, O > Nominal GDP
 

Nominal GDP 

The production of goods and services valued at current prices.

(Mankiw, N. Gregory, Ronald Kneebone, Kenneth J. McKenzie and Nicholas Rowe. 2008. Principles of Macroeconomics, 4th Canadian ed. Toronto: Thomson Nelson.)

 

     

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