The market value of all final goods and services produced by Canadians regardless of where they're located is
a. Canadian personal income
b. Canadian national income
c. Canadian capital income
d. Canadian gross national product
e. Canadian gross domestic product
D
Economics
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Refer to the scenario above. The optimal strategy for Rachel is to bid a price:
A) above her willingness to pay. B) equal to half the amount she is willing to pay. C) equal to 5/6 times her willingness to pay. D) up to her willingness to pay.
Economics
The aggregate supply curve shows the total quantity of output that firms are willing and able to supply at a given inflation rate. This is the same relationship that is shown by the
A) aggregate expenditure curve. B) Phillips curve. C) MP curve. D) IS curve.
Economics