Gross domestic product in the economy is measured by the
A) total number of goods and services produced in the economy.
B) dollar value of all final goods and services produced in the economy.
C) total number of goods produced in the economy.
D) total number of services produced in the economy.
E) dollar value of all goods (but not services) produced in the economy.
Correct Answer:
Verified
Q39: Investment, as defined by economists, would not
Q40: In 2015, Canadian household spending accounted for
Q45: Table 4.3 Q46: American in data on consumption includes which Q47: Why do we not count the value Q48: Scenario 4.1![]()
CANOES-R-US makes canoes.It buys the shell
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents