Which measure of the business cycle represents the market value of all goods and services produced in a country over a twelve-month period?
A) industrial production index
B) money supply
C) gross domestic product
D) productivity average

Question

Quizplus · Accepted Answer

Gross Domestic Product (GDP) is the measure that represents the total market value of all goods and services produced in a country over a specific time period, typically a year.

Which Measure of the Business Cycle Represents the Market Value