Gross domestic product is the total market value of all
A) intermediate and final goods and services produced in a time period within a country.
B) final goods and services produced in a time period within a country.
C) goods but not services produced in a time period within a country.
D) final goods and services produced in a time period by citizens of a country, both within the country and by citizens working overseas.
Correct Answer:
Verified
Q2: A car that is produced in 2013
Q3: Which of the following transactions would be
Q8: Net domestic product (NDP)is calculated by measuring
Q10: An example of an 'intermediate good' would
Q11: An example of a 'final good' would
Q13: A company named Home Depot sells new
Q14: Gross domestic product in the economy is
Q15: Macroeconomics involves the economic issues of:
A)how the
Q18: An example of an 'intermediate good' would
Q20: 'GDP' is:
A)the value of all final goods
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