The Nominal GDP of the U

question 102

Multiple Choice

The nominal GDP of the U.S.in 2012 was approximately $16.2 trillion.This means that

• A)the value of output in 2012 was around $16.2 trillion.
• B)total income in 2012 was around $16.2 trillion.
• C)total spending in 2012 was around $16.2 trillion.
• D)all of the above are true.

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Definitions:

Monocots

Plants that have a single embryonic leaf, or cotyledon, in their seeds, distinguishing them from dicots.

Cotyledons

The embryonic leaf in seed-bearing plants, one or more of which are the first to appear from a germinating seed.

Eudicots

A major group of flowering plants that are characterized by having two seed leaves, or cotyledons, upon germination.

Transmission Media

The physical pathways that connect computers, other devices, and people on a network, used to transport communication signals.