Gross Domestic Product Is Calculated by Adding Together

question 53

Multiple Choice

Gross domestic product is calculated by adding together

• A)the number of goods and services produced in the economy.
• B)money value of final goods and services.
• C)number of workers employed in national production.
• D)all commodities but not services produced in the economy.

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Definitions:

Strong Relationship

A deep and enduring bond between individuals characterized by mutual respect, trust, and affection.

Independent Variable

The variable in an experiment that is manipulated or changed to observe its effect on the dependent variable.

Dependent Variable

A variable in an experiment that is expected to change as a result of changes made to the independent variable.

Placebo

A substance with no therapeutic effect, often used as a control in testing new drugs.