Gross Domestic Product (GDP) Measures and Reports Output

question 117

Multiple Choice

Gross domestic product (GDP) measures and reports output

• A)as an index number.
• B)in percentage terms.
• C)in dollar amounts and percentage growth.
• D)in quantities of physical units (for example, pounds, gallons, and bushels).

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Definitions:

Assigned

Designated or allocated to someone or something for a specific purpose.

Certificate Of Deposit

A savings certificate entitling the bearer to receive interest after a fixed term deposit matures, with a fixed or variable interest rate.

Time Deposit

A deposit in a bank account that cannot be withdrawn for a preset period of time without incurring a penalty.

Maturity

The date on which a financial obligation must be repaid or the final payment is due.