When computing U.S. GDP, a good or service is weighted
A) according to corporate concerns.
B) according to the quantity of the good or service available.
C) according to the concerns of pressure groups.
D) according to government directive.
E) according to its value.
Correct Answer:
Verified
Q1: Exhibit 18-1 Q2: In the process of calculating the production Q3: Simon Kuznets won a Nobel Prize in Q5: Where are the goods and services included Q6: What was the approximate level of GDP Q7: GDP is Q8: The numbers one finds when one measures Q9: GDP is a measure of Q10: GDP can be calculated by adding the Q11: Holly has recently graduated from college and
A)a measure of the value of
A)the total of
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