GDP Can Be Calculated as the Final Demand for Goods

question 20

Multiple Choice

GDP can be calculated as the final demand for goods and services by consumers, businesses,

• A)and governments.
• B)and foreigners.
• C)governments, and foreigners.
• D)governments, and financial institutions.

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Definitions:

Magnetic Tape

A secondary storage medium on a large open reel or in a smaller cartridge or cassette.

Cache Memory

A type of high-speed memory that enables the computer to temporarily store blocks of data that are used more often and that a processor can access more rapidly than main memory (RAM).

Thin Clients

Computing devices that operate in a server-based network without requiring many local resources, relying on the central server for processing activities.

Fat Clients

Computers that offer full functionality without having to connect to a network.