Output (economics)
Quantity or quality of goods or services produced in a given time period / From Wikipedia, the free encyclopedia
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In economics, output is the quantity and quality of goods or services produced in a given time period, within a given economic network,[1] whether consumed or used for further production.[2] The economic network may be a firm, industry, or nation. The concept of national output is essential in the field of macroeconomics. It is national output that makes a country rich, not large amounts of money.[3]
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