This provides a measure of all the production occurring in the economy.

Question

Quizplus · Accepted Answer

The measure of all production in the economy can be found through spending in output markets, which includes all goods and services produced domestically. Spending in input markets refers to the purchases made by businesses to produce goods and services, spending in foreign markets refers to exports and imports, and spending in domestic markets could refer to both output and input markets, so it is not specific enough to be the best choice.

This Provides a Measure of All the Production Occurring in the Economy