One Way to Estimate GDP Is To

question 72

Multiple Choice

One way to estimate GDP is to:

• A) measure the total expenditure of an economy.
• B) add up all the money people spend buying final and intermediate goods and services.
• C) add together the market value of only final services sold in the economy.
• D) add together the market value of only final goods sold in the economy and not services.

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Definitions:

Extremely Tired

A state of profound physical or mental fatigue often requiring rest or sleep for recovery.

More Alert

A state of being very attentive and responsive to surroundings or occurrences.

Medication

Substances used to treat or prevent disease or relieve pain, prescribed or available over-the-counter.

Extremely Restless

Describes a state of being unable to stay still or calm due to anxiety or boredom.