The market value of all final goods and services in an economy produced by resources owned by people of that economy is:
A) personal income.
B) national income.
C) capital income.
D) gross national product.
E) gross domestic product.
Correct Answer:
Verified
Q1: Which of the following spending is larger
Q15: Gross domestic product is the sum of
Q16: Which of the following is included in
Q18: Which of the following expenditures would not
Q21: The three components of personal consumption expenditures
Q26: Activities that are directly included in GDP
Q26: Gross domestic product (GDP)does not include:
A)used goods
Q27: The unreported or illegal production of goods
Q29: Gross private domestic investment includes business
A)purchases of
Q48: The largest component of GDP is:
A) personal
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