The Value of Final Goods and Services Equals

question 202

Multiple Choice

The value of final goods and services equals

• A) total business profits.
• B) the sum of the value added by all firms.
• C) total business spending.
• D) the sum of revenues from all sales.
• E) total business revenues.

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Definitions:

New Netherland

A colonial territory belonging to the Dutch Republic in the 17th century, situated along North America's East Coast.

Black Population

Refers to individuals of African descent, particularly in a sociodemographic and cultural context.

Slave Codes

Laws established in the Southern states before the Civil War, designed to regulate the activities of enslaved African Americans and deny them basic rights.

Racial Restrictions

Laws, policies, or practices that discriminate against individuals or groups based on their race, limiting their rights and freedoms.