When GDP Is Calculated as the Final Demand for Goods

question 63

Multiple Choice

When GDP is calculated as the final demand for goods and services by consumers, businesses, governments, and foreigners, then GDP is measured by

• A)the sum of all value added.
• B)the sum of all productive resource inputs.
• C)the sum of all factor payments.
• D)the sum of final goods and services.

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Definitions:

"You" Attitude

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Biased Language

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