Which of the following is true of the gross domestic product (GDP) of a nation?
A) It can be measured by the stock of consumer goods in the nation at a particular point in time.
B) It can be measured by the stock of capital goods in the nation at a particular point in time.
C) It can be measured by calculating either the total spending on production or the total income from that production.
D) It is the sum of total spending on production and total income from that production.
E) It can be measured from the stock of wealth in the nation.
Correct Answer:
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