Gross domestic product (GDP) is the __________ of the total output of the economy in a given year.
A) quantity
B) physical volume
C) dollar value
D) physical weight
Correct Answer:
Verified
Q47: When companies add to their inventories,
A) the
Q48: When companies reduce their inventories,
A) the amount
Q49: In 2010,the United States imported about _
Q50: Official GDP numbers do not include the
Q51: The economy of the United States is
Q53: GDP is defined as the dollar value
Q54: Which country has a higher GDP per
Q55: How are net exports calculated?
Q56: According to most estimates,the size of the
Q57: Exports are
A) goods and services produced in
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