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Total value of final goods and services produced in a country.
By summing incomes from all production factors.
PBI = C + I + G + X - M.
Total spending willingness across economic sectors.
PBI plus imports equals total goods and services offered.
Demand for goods and services by households.
Investment aims to replenish or expand capital stock.
Demand for domestic production by foreign markets.
Economic growth, reduced unemployment, and price stability.
Total production value minus intermediate consumption.