![In economics, gross output (GO) is the measure of total economic activity in the production of new goods and services in an accounting period. It is a much broader measure of the economy than gross domestic product (GDP), which is limited mainly to final ... In economics, gross output (GO) is the measure of total economic activity in the production of new goods and services in an accounting period. It is a much broader measure of the economy than gross domestic product (GDP), which is limited mainly to final ...](https://i0.wp.com/grossoutput.com/wp-content/uploads/2017/11/four-stage_model.png?fit=4235%2C2167&ssl=1)
In economics, gross output (GO) is the measure of total economic activity in the production of new goods and services in an accounting period. It is a much broader measure of the economy than gross domestic product (GDP), which is limited mainly to final ...
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Assignmet macro ch. 21 - Test bank of principles of economics case fair oster 10th edition CH 21 - Studocu
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Gross Domestic Product (GDP) What is Gross Domestic Product and how we measure it? Why is this measure important? What are the definitions of the major. - ppt download
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