To Calculate GDP It Is Necessary to Add Up the Market

question 215

Multiple Choice

To calculate GDP it is necessary to add up the market value of all the ________ produced within a country during a year.

• A)goods but not services produced
• B)goods and services produced
• C)intermediate goods and services produced
• D)final goods and services produced
• E)intermediate goods and services produced and all the final goods and services produced

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Definitions:

Contactor Unit

An electrical device designed to switch an electrical power circuit on or off, typically used for controlling large loads in industrial applications.

Overload Unit

An overload unit is a protective device used in electric circuits to prevent motors and other electrical devices from operating at excessive current levels that could cause damage or overheating.

Manual Motor Starter

A manually operated switch designed to start and stop motors while providing overload protection.

Energize

To supply electricity to a circuit or device, making it operational or "live."