The economy of the wrexington in 2008, nominal gdp was about $20 billion and the gdp deflator ratio was about 500. then wrexington’s real gdp in 2008 is about $2450
An economy is the area of the production, distribution and also the trade, as well as consumption of goods and the services. In general, it is also defined as the social domain of that emphasize in the practices, discourses, and the material of expressions of the associated with the production, use, and the management of scarce resources'. is given economy is at set of processes that involves in its cultures, value, educations, technological evolutions history, social organizations, political structures, legal system, and also natural resources as main factors. These factors give context, content, and set to the conditions and the parameters in which the economy is functions. In other words, the economic domain is the social domain of interrelated human practices and also transactions that does not even stand alone.
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