The market value of all final goods and services in an economy produced by resources owned by people of that economy:
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 purchases would be
Q29: Gross private domestic investment or simply business
Q29: Gross private domestic investment includes business
A)purchases of
Q30: Gross domestic product (GDP) is defined as:
A)
Q31: Consumption spending includes:
A) durable goods, nondurable goods,
Q32: The unreported or illegal production of goods
Q33: Personal consumption expenditures include:
A) all commodities that
Q35: Which of the following activities would be
Q36: Depreciation or consumption of fixed capital depreciation
Q38: Personal consumption expenditures:
A) represent close to two-thirds
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