GDP is a measure of:
A. domestic production.
B. changes in the general level of prices.
C. material well-being.
D. social welfare.
Answer: A
Economics
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A) governments B) corporations C) banks D) pension plans
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The consumer-side deadweight loss from a per-unit tax in the goods market arises from solely from the fact that output falls under the tax.
Answer the following statement true (T) or false (F)
Economics