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Gross National Expenditure

 
Business Dictionary: Gross National Expenditure
 

Total of all expenditure of all kinds within the economy, public and private. It is usually different from Gross Domestic Product (GDP) because expenditures on imports are included, but exports (goods produced within the economy but sold outside of it) are not.

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Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more