The _____ is/are equal to the total market value of all final goods and services produced in the United States.
A) national income and product accounts
B) GDP
C) consumer price index
D) the National Bureau of Economic Research

Question

Quizplus · Accepted Answer

The question is referring to the measure of the total production of goods and services in the United States, which is captured by the Gross Domestic Product (GDP). Option A, the national income and product accounts, is a broader framework that includes GDP as well as other measures of income and production. Option C, the consumer price index, measures changes in the cost of a basket of goods and services purchased by households, and is not directly related to total production. Option D, the National Bureau of Economic Research, is a research organization that conducts and disseminates economic research but is not directly related to measuring the GDP.

The _____ Is/are Equal to the Total Market Value of All