Chat with AI
Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 11
Which of the following best describes gross domestic product (GDP)?
A) The market value of all inputs used to produce all final goods and services in a nation during a period of time.
B) The market value of all final goods and services produced in a nation during a period of time.
C) The quantity of all goods and services produced in a nation during a period of time.
D) The average price of all goods and services produced in a nation during a period of time.
A) The market value of all inputs used to produce all final goods and services in a nation during a period of time.
B) The market value of all final goods and services produced in a nation during a period of time.
C) The quantity of all goods and services produced in a nation during a period of time.
D) The average price of all goods and services produced in a nation during a period of time.
Explanation
Verified
Verified
GDP has time dimension that is it is mea...
Economics for Today 9th Edition by Irvin Tucker
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
