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www.QuoteLoanRates.com - Five Best Quotes from Competing Lenders
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Glossary of Economic Terms |
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Gross National Product |
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The Gross National Product is the broadest measure of the nations production. It measures the market value of all newly produced goods and services in the United States. When GNP is down, it shows a slowing down in the economy. To counteract this, the Federal Reserve may loosen money by lowering interest rates. Bond Market Moves Up In Price.
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