When Computing Gross Domestic Product, Government Services Are Valued at the

question 156

Multiple Choice

When computing gross domestic product, government services are valued at the

• A)price consumers pay for them.
• B)value of the resources used to produce them.
• C)value of comparable outputs from the private sector.
• D)value of taxes collected from consumers.

---

Definitions:

Educational Achievement

The attainment of educational milestones or qualifications, often measured by standardized tests or degree completion.

College Preparatory

A course or set of courses designed to prepare students academically for college-level work.

Capable

Having the ability, fitness, or quality necessary to do or achieve a specified thing.

Professionalism

The conduct, aims, or qualities characterized by a conforming to the technical and ethical standards of a profession, displaying competence, skill, and good judgment.