That extra spending means a higher level of nominal GDP (output at market prices).

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Only 11 of its China beating nominal GDP growth between 2003 and 2011 was due to growth in real (inflation adjusted) output.

The current focus is to strengthen these structures for an effective output.

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At this rate, current oil output and oil exports now exceed post invasion predictions.

Nominal interest rate

But over saving countries such as China, Japan, and Germany that were running current account surpluses are resisting their currencies nominal appreciation.

Well, something nominal, let's say...

The three phenomena that boost nominal GDP increases in real output, a rise in the relative price of exports, and real exchange rate appreciation do not operate independently of one another.

Output specification when the underlying utility writes output data to its standard output.

First, prolonged unemployment destroys not just current but also potential output by eroding the human capital of the unemployed.

By this standard, the current recovery is unacceptably slow, with both output and employment still below the previous peak.

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Our part's nominal outside diameter is 3.950

This will raise actual output to the level of potential output, thereby closing the output gap.

Although their current combined GDP is still a relatively small fraction of global output (about 15 ), that share is rising rapidly.

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