Glossary

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(also called year-end adjustments) adjustments the business makes to accounting entries at the...

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spending by householders and government on final goods and services.

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the total value of all the money spent by the consumers in the households on final goods and...

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those goods that are ready to be sold to the final consumer who is the end-user.

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reaction of consumers, and the total costs involved in manufacturing the product.

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