Gross domestic product
A) is a flow variable.
B) is a stock variable.
C) could be either a flow variable or a stock variable depending on the time period considered.
D) is neither a flow nor a stock variable; it is a statistic.
Correct Answer:
Verified
Q5: What is the difference between a flow
Q10: Which of the following is an example
Q11: Which of the following is counted as
Q12: Let C=consumption, I=private investment, G=government purchases, Xn=net
Q13: The measurement of the value of goods
Q14: GDP is the sum of
A)personal consumption, private
Q16: Refer to Figure 6-1."A" represents
A)the flow personal
Q17: Which statistic do economists use to measure
Q18: GDP can be measured
A)either in terms of
Q20: Refer to Figure 6-1."D" represents
A)the flow of
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