To Calculate GDP It Is Necessary to

question 94

Multiple Choice

To calculate GDP it is necessary to

• A)add the total amounts of all the goods produced.
• B)use the market price to place a dollar value on each good produced.
• C)use production cost to place a dollar value on all goods produced.
• D)use the average market price over the last five years to place a dollar value on all goods produced.
• E)average the cost of producing a good with the price of the good to place a dollar value on all goods produced.

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Definitions:

Central Nervous System

The part of the nervous system that consists of the brain and spinal cord, responsible for integrating sensory information and responding accordingly.

Sensitivity

The quality or condition of being sensitive; the ability to perceive or feel stimuli.

Intestinal Muscles

Muscles located in the intestines that help in the movement of food and waste through peristalsis.

Coca Leaves

Leaves of the coca plant native to South America, traditionally chewed or brewed for their stimulant and medicinal properties.