GDP is a
A) stock because it measures income for the entire country.
B) stock because it measures wealth at a distinct point in time.
C) flow because dollar values are used.
D) flow because it measures income over a period of time.
Correct Answer:
Verified
Q115: Q116: Value added is Q117: Which of the following transactions would NOT Q118: A farmer buys seed for 15 cents Q119: The total value added Q121: Which of the following statements is NOT Q122: Which of the following items is NOT Q123: Which of the following is NOT included Q124: The total market value of the nation's Q125: Which one of the following is NOT
A) the price of an
A) equals the retail
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