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a higher GDP means that the U.S. either produced more goods and services, or Solution or there is a higher income which will lead to rise in expenditure which implies that there is a rise in the standard of living of the citizens and due to rise in income there will be a higher spending on various goods and services..

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a higher GDP means that the U.S. either produced more goods and services, or Solution or there is a higher income which will lead to rise in expenditure which implies that there is a rise in the standard of living of the citizens and due to rise in income there will be a higher spending on various goods and services.

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