GDP Is

question 107

Multiple Choice

GDP is

• A)the sum of all monetary transactions which occur in the economy in a given year.
• B)the sum of all monetary transactions involving final goods and services which occur in the economy in a given year.
• C)the amount of production which occurs when the economy is operating at full employment.
• D)None of the choices are true of GDP.

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Definitions:

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Behavioral Influences

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