GDP is the market value of
A) resources (land, labor, capital, and entrepreneurship) in an economy in a given year.
B) all final goods and services produced in an economy in a given year.
C) consumption and investment spending in an economy in a given year.
D) all output produced and accumulated over the years.
Correct Answer:
Verified
Q111: Value added by a firm is the
Q112: An example of intermediate goods would be
A)bricks
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Q118: The following are examples of final goods
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