-The table above has information about an economy.Using this information,GDP equals
A) $6,500 billion.
B) $7,800 billion.
C) $7,000 billion.
D) $8,500 billion.
E) some amount that cannot be calculated without information on the amount of government expenditures.
Correct Answer:
Verified
Q109: Q110: Real GDP can increase if the Q111: Nominal GDP is GDP Q112: After calculating net domestic product at factor Q113: Which of the following would be included Q115: If the statistical discrepancy is zero,in order Q116: Once the categories of income are totaled,the Q117: The sum of all the income categories Q118: Adding wages,interest,rent,and profits yields Q119: To measure GDP by using the income
I.quantities of
A)using current market values.
B)during
A)gross domestic product.
B)gross domestic
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