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GDP May Be Defined As

Question 13

Multiple Choice

GDP may be defined as:


A) the monetary value of all final goods and services produced within a nation in a given year
B) GNI minus all non-income charges against output
C) the monetary value of the capital stock used in the production of a year's output
D) the monetary value of all goods and services, both final and intermediate, produced in a given year
E) the total monetary earnings of households supplying resources in the Canadian economy

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