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Author Question: Gross domestic product is a measure of: a. market value of a nation's capital assets (physical ... (Read 82 times)

Haya94

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on: Jun 30, 2018
Gross domestic product is a measure of:
 a. market value of a nation's capital assets (physical capital).
  b. expenditures on and sales revenues derived from all goods and services exchanged during a period.
  c. market value of the output produced during a period.
  d. asset holdings of people and the happiness that they derived from the ownership of those assets.

Question 2

The largest component of GDP is:
 a. personal consumption expenditures.
  b. government spending.
  c. durable goods.
  d. net exports.
  e. gross private domestic investment.


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todom5090

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


Haya94

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

nathang24

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Reply 3 on: Yesterday
Gracias!

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