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EQUIPMENT: One of the main categories of capital. Other categories are structures and inventories.

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NOMINAL GROSS DOMESTIC PRODUCT

The total market value, measured in current prices, of all goods and services produced within the political boundaries of an economy during a given period of time, usually one year. The key is that nominal gross domestic product is measured in current, or actual prices, the prices that buyers actually pay for goods and services purchased. Nominal gross domestic product is also termed current gross domestic product. A contrasting measure is real gross domestic product, which adjusts for inflation by measuring production at constant prices.

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YELLOW CHIPPEROON
[What's This?]

Today, you are likely to spend a great deal of time surfing the Internet wanting to buy either a pair of designer sunglasses or looseleaf notebook paper. Be on the lookout for gnomes hiding in cypress trees.
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This isn't me! What am I?

The Dow Jones family of stock market price indexes began with a simple average of 11 stock prices in 1884.
"Only great minds can afford a simple style."

-- Stendhal, writer

NAV
Net Asset Value
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