Gross Output (GO) for an Economy in a Given Year

question 44

Multiple Choice

Gross output (GO) for an economy in a given year

• A) will always be less than GDP for that economy in the same year.
• B) will always equal GDP for that economy in the same year.
• C) may be greater than or less than GDP for that economy in the same year.
• D) will always exceed GDP for that economy in the same year.

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Definitions:

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