The GDP is supposed to measure the goods _______ the United States.
A) purchased in
B) produced in
C) imported to
D) exported to
Correct Answer:
Verified
Q41: The majority of spending in the category
Q42: Net exports include goods produced
A) domestically that
Q49: Intermediate goods are not counted as part
Q52: A "trade deficit" occurs when
A) we sell
Q54: When dealing with imports and exports, economists
Q55: If in the third quarter of 2010
Q56: For the purposes of GDP accounting, government
Q58: The GDP equation is
A) Y = C
Q59: Exports _ GDP and imports _ GDP.
A)
Q60: Transfer payments are excluded from government purchases
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