Solved

To Measure GDP Using the Production Approach, It Is Necessary

Question 81

True/False

To measure GDP using the production approach, it is necessary to add up the total value of the new goods and services produced in the economy for the given time period.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q76: In 2015, the exports of the United

Q77: The imports of the United States in

Q78: In 2015, the United States imported more

Q79: New homes purchased by households are part

Q80: Which of the following statements is true?
A)Investment

Q82: A soft-drink bottling company supplies six-packs of

Q83: Answer the questions below:
Answer</p></div><svg width=

Q84: Exhibit 18-3 Exhibit 18-3 </p></div><svg width=

Q85: Value added can be determined by
A)subtracting the

Q86: Exhibit 18-3 Exhibit 18-3 </p></div><svg width=

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents