Suppose the Total Market Value of All Final Goods and Services

question 49

Multiple Choice

Suppose the total market value of all final goods and services produced this year in economy X is $4 million.Of the $4 million worth of goods,$3 million is sold and $1 million is held in inventory.For this year,the GDP for economy X is

• A) $4 million.
• B) $3 million.
• C) $1 million.
• D) $7 million.
• E) none of the above

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Definitions:

Chlamydia

A common sexually transmitted infection (STI) caused by the bacterium Chlamydia trachomatis, which can affect both men and women.

Genital Herpes

A sexually transmitted infection (STI) caused by the herpes simplex virus, leading to outbreaks of painful sores on the genitals.

Nerve Fibers

Long, slender projections of neurons that transmit electrical impulses away from the neuron's cell body, facilitating communication within the nervous system.

Infection

The entry and rapid increase in numbers of pathogens like bacteria, viruses, and parasites that usually do not exist inside the body, frequently leading to sickness.