Author Question: What does U.S. GDP intend to measure? A) The market value of final goods and services produced by ... (Read 123 times)

rosent76 · **on:** Jun 29, 2018

What does U.S. GDP intend to measure?

A) The market value of final goods and services produced by U.S. citizens during the course of a year
B) The market value of all goods and services produced by U.S. citizens during the course of a year
C) The market value of final goods and services produced within the U.S. during the course of a year
D) The market value of all goods and services produced within the U.S. during the course of a year

Question 2

The first step toward reducing negative externalities or maintaining them within acceptable bounds, according to the argument of the textbook, is

A) constructing an exhaustive list of all negative externalities.
B) creating a central planning authority for negative externalities.
C) cultivating such civic virtues as courtesy and tolerance.
D) halting population growth.
E) prohibiting activities whose costs are greater than their benefits.