Gross domestic product is:
A) the sum of the market values of all final goods and services produced within a country in a given period of time.
B) the sum of the market values of all intermediate goods and services produced within a country in a given period of time.
C) the sum of all final goods and services produced by a country's citizens in a given period of time.
D) the sum of the market values of all final goods and services produced by a country's citizens in a given period of time.
Correct Answer:
Verified
Q2: Everyone in an economy tends to do
Q2: Calculating the value of an economy is
Q3: GDP counts:
A)only final goods and services,because otherwise
Q3: The field of macroeconomics studies _ and
Q6: GDP uses the market value of goods
Q8: Macroeconomics works to explain things like:
A)economic growth.
B)unemployment
Q9: One of the economic changes that has
Q9: In macroeconomics,which of the following topic would
Q10: We can measure the status of a
Q20: The most commonly used metric for measuring
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