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Module 3: Gross Domestic Product - Coggle Diagram
Module 3: Gross Domestic Product
Different Types of Business Fluctuations
Circular Flow Model
Cost of GDP
GDP vs GNP
Value added approach and limitations of GDP
Value added approach
GDP limitations
Expenditure approach to GDP
Consumption
Gross Private Domestic Investment
Government Purchases
Net Exports
Expenditure approach
Income approach to GDP
Net Domestic Product
Income approach w/ national income
Nominal vs Real vs Real per capita GDP growth rates
Real GDP
Economic Growth Rate
Real GDP per capita