Gross Domestic Product Is a Measure of

question 265

Multiple Choice

Gross domestic product is a measure of

• A) the total value of all transactions in U. S. markets.
• B) the added value of production.
• C) the dollar value of final goods and services produced in the United States.
• D) the dollar value of the aggregate measure of business as measured by the Dow Jones Industrial Average.

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Definitions:

Anti-federalists

Opponents of the ratification of the U.S. Constitution who feared the creation of a strong central government, preferring more power to be held by the states.

Supreme Court

The highest court in the federal judiciary of the United States, with ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.

Coequal Branch

A principle referring to the three branches of the U.S. government (Legislative, Executive, Judicial), each having equal power to ensure a balance within the federal system.