Gross Output (GO)

question 152

Multiple Choice

Gross output (GO)

• A) and GDP are equivalent measures of the final output of an economy.
• B) sums together the dollar value of economic activity at every stage of production.
• C) measures all economic activity leading up to but excluding final output.
• D) always equals an amount smaller than GDP.

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Definitions:

Physical Injury

Bodily harm or damage to a person's body, as opposed to emotional or psychological harm.

Assault

An intentional act that creates a reasonable apprehension in another of an imminent harmful or offensive contact.

Fearful

Feeling afraid or anxious; experiencing apprehension or concern about a possible threat or danger.

Intent

The determination or resolve to perform a particular act or function, often a critical factor in establishing the legal implications of actions and agreements.