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GDP Uses the Market Value of Goods and Services Because

Question 1

Multiple Choice

GDP uses the market value of goods and services because it:


A) provides a common valuation that allows us to compare one economy to another.
B) provides the opportunity to compare lists of outputs to see who produced more.
C) is the only data that can be gathered about goods and services.
D) markets are the only way to value goods and services.

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