Author Question: Gross domestic product is the sum of the purchase price multiplied by the quantity of: a. goods and ... (Read 66 times)

saraeharris · **on:** Jun 30, 2018

Gross domestic product is the sum of the purchase price multiplied by the quantity of:
a. goods and services exchanged during the period.
b. final goods and services produced domestically during the period.
c. goods and services produced domestically during the period minus the depreciation of productive assets.
d. final goods and services plus intermediate goods produced domestically during the period.

Question 2

Gross domestic product is equal to the market value of all final goods and services:
a. exchanged during a period.
b. produced domestically during a period.
c. produced by the citizens of a nation during a period.
d. produced domestically during a period minus the depreciation of productive assets.