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Author Question: Gross domestic product is a measure of the total value of all A) sales in an economy over a ... (Read 121 times)

ericka1

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on: Jun 29, 2018
Gross domestic product is a measure of the total value of all
 
  A) sales in an economy over a period of time.
  B) consumer income in an economy over a period of time.
  C) capital accumulation in an economy over a period of time.
  D) final goods and services produced in an economy over a period of time.

Question 2

Gross domestic product
 
  A) includes all the goods and none of the services produced in an economy in a given time period.
  B) measures the value of the aggregate production of goods and services in a country during a given time period.
  C) measures the value of labor payments generated in an economy in a given time period.
  D) is generally less than federal expenditure in any time period.


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strudel15

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

D

Answer to Question 2

B


ericka1

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Zebsrer

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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