GDP is a:
A) stock concept and refers to the market value of all output sold.
B) stock concept and refers to the market value of final output.
C) flow concept and refers to the market value of all output sold.
D) flow concept and refers to the market value of final output.
Correct Answer:
Verified
Q45: The sum of the value added by
Q46: How does stock differ from flow?
A)A flow
Q47: Which of the following is not counted
Q48: Which of the following is a stock
Q49: For the purposes of calculating GDP, investment
Q51: Great Basin National Park, the only national
Q52: Government purchases that are counted as part
Q53: The value of intermediate goods is:
A)included in
Q54: Which of the following is an example
Q55: The reason economists include only the value
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents