GDP Is Defined as the Dollar Value of __________ in a Given

question 19

Multiple Choice

GDP is defined as the dollar value of __________ in a given year.

• A) the total output of the economy
• B) all of the inputs used in the economy
• C) all intermediate and final goods produced in the economy
• D) the total purchases made in the economy

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Definitions:

Temperature

A measure of the average kinetic energy of the particles in a substance, indicating how hot or cold the substance is.

°C

A unit of temperature on the Celsius scale.

Atm

A unit of pressure, short for atmosphere, equal to the pressure at sea level or approximately 101.325 kPa.

Temperature

A measure of the average kinetic energy of the particles in a system, related to the concept of heat.