The next wave of marketable innovations may involve new ways to produce and conserve energy.If we can turn new technology into marketable products and services that produce energy to run our businesses and homes,the U.S.could see a surge in output of goods and services.The Department of Economic Development would document this surge by measuring the ______.
A)Gross Domestic Product
B)Consumer Price Index
C)Consumer Marginal Index
D)number of workers who are frictionally employed

Question

Quizplus · Accepted Answer

The Gross Domestic Product (GDP) is the standard measure of a country's economic output, including goods and services produced within its borders, and is used to track changes in economic growth over time. Therefore, it would be the most appropriate measure to document the surge in output of goods and services resulting from innovations in energy production and conservation.

The Next Wave of Marketable Innovations May Involve New Ways