The Value of an Economy's Total Output of Goods and Services

question 8

Multiple Choice

The value of an economy's total output of goods and services is called _____.

• A) consumption
• B) investment
• C) gross domestic product
• D) exports

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Definitions:

Fourteenth Amendment

An amendment to the United States Constitution that grants citizenship to anyone born or naturalized in the U.S. and guarantees all citizens equal protection under the laws.

Bill Of Rights

The first ten amendments to the United States Constitution, guaranteeing essential rights and liberties to the American people.

State Level

Pertaining to the jurisdiction or activities that are governed at the state rather than federal level in the United States.

Petit Jury

A group of 6 or 12 citizens who are summoned to and sworn by the court to hear evidence presented by both sides and render a verdict in a trial.