GDP is the market value of all final goods and services produced by a country's citizens in a given period of time

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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If a college education did not increase worker productivity,

a. no one would go to college. b. the earnings of workers with a college education would tend to be the same as for workers without a college degree. c. the earnings of workers with a college education would still be higher than for those without a college degree. d. the earnings of workers with a college education would be lower than for those without a college degree.

Economics

The effects of tariffs and quotas are: a(n) __________ in the prices of imported goods to domestic consumers, and a(n) __________ in imports

A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease

Economics