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Author Question: In the definition of GDP, market value refers to A) valuing production in production units. B) ... (Read 85 times)

rayancarla1

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on: Jun 29, 2018
In the definition of GDP, market value refers to
 
  A) valuing production in production units.
  B) not counting intermediate products.
  C) valuing production according to the market price.
  D) when the production took place.

Question 2

GDP is defined as the market value of all ________ in a given time period.
 
  A) final goods produced in a country
  B) final goods and services produced by citizens of a particular country regardless of where in the world they are located
  C) final goods and services produced in a country by only the citizens of the country
  D) final goods and services produced in a country


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jomama

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


rayancarla1

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Reply 2 on: Jun 29, 2018
Gracias!

mcabuhat

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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