Goods That Have Higher Prices Have Greater Weight in Calculated

question 126

True/False

Goods that have higher prices have greater weight in calculated GDP.

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Definitions:

Trousers

Clothing items worn from the waist to anywhere between the knees and the feet, covering each leg separately.

L.E.D. Signs

Electronic displays that use light-emitting diodes to create text, images, or video messages, commonly used for advertising or information dissemination.

Risk of Loss

Refers to the exposure to harm or danger that may result in loss, often considered in the context of contracts or insurance.

Destroyed

To damage something so badly that it no longer exists or cannot be repaired.