The money value of all trading activity (Q) at market prices (P) is called Gross Domestic Product for a given year
Indicate whether the statement is true or false
True
Economics
You might also like to view...
Which of the following is a market structure of monopoly?
a. Few firms operating as price takers. b. Single firm operating as a price taker. c. Single firm that is a price maker. d. All of these are true.
Economics
Which of the following is a characteristic of an indifference curve?
a. Positive slope. b. Concave shape. c. Negative slope. d. Zero slope.
Economics