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GDP is measured by taking the quantities of all goods and services produced, multiplying them by their prices, and summing the total. GDP can be measured either by the sum of what is purchased in the economy or by what is produced. Demand can be divided into consumption, investment, government, exports, and imports.
The business cycle model shows how a nation's real GDP fluctuates over time, going through phases as aggregate output increases and decreases. Over the long-run, the business cycle shows a steady increase in potential output in a growing economy.
The first people to arrive in America were Native Americans. They arrived about 13,000 years ago. However the first colonists arrived around 1607.
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D.favorable balance of trade
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English colonies in North America
Within a century and a half the British had 13 flourishing colonies on the Atlantic coast: Massachusetts, New Hampshire, Rhode Island, Connecticut, New York, Pennsylvania, Delaware, New Jersey, Maryland, Virginia, North Carolina, South Carolina, and Georgia.
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Presidential Inauguration is the event that takes place to swear in the president and his/her selected vice president. It is a day of celebration to welcome a new president after the term ends or the old president is voted out of office. It is important because it is a ceremony that has taken place the last 200+ years and should continue and it highlights our belief in democracy
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