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Aggregate Output

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About 1 pages (28 words)
Economics Summary

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Routledge Dictionary of Economics, Second Edition

aggregate output (E2)

An output measure of the national income calculated by summing the amount of VALUE ADDED contributed by each industry. This aggregate is measured at FACTOR COST.

This is the complete article, containing 28 words (approx. 1 page at 300 words per page).

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Aggregate Output from Routledge Dictionary of Economics, Second Edition. ISBN: 0-203-00054-4. Published: 2005–06–05. ©2009 Taylor and Francis. All rights reserved.



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