Author Question: Gross domestic product (GDP) measures the A) number of final goods and services produced in the ... (Read 116 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
Gross domestic product (GDP) measures the
 
  A) number of final goods and services produced in the economy in a given time period.
  B) number of final goods and services sold in the economy in a given time period.
  C) market value of old and new final goods and services sold in the economy in a given time period.
  D) market value of final goods and services produced in the economy in a given time period.

Question 2

Gross domestic product (GDP) is the ________ in a given time period.
 
  A) value of personal consumption expenditures, gross private domestic investment, and federal government expenditures
  B) sum of wage and salary compensation of employees and corporate profits
  C) value of all final and intermediate goods and services produced by the economy excluding those goods exported to foreign nations
  D) market value of final goods and services produced by the economy



connor417

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Everyone has one nostril that is larger than the other.

For a complete list of videos, visit our video library