Gross domestic product is a measure of the total value of all

A) sales in an economy over a period of time.
B) consumer income in an economy over a period of time.
C) capital accumulation in an economy over a period of time.
D) final goods and services produced in an economy over a period of time.

D

Economics

You might also like to view...

Which of the following is a method for solving the problem of adverse selection?

A) truth in advertising laws B) product liability laws C) food labeling requirements D) All of the above.

Economics

Which statement is true?

A. Over time the supply of a particular good or service tends to become more elastic. B. A perfectly elastic supply curve is a horizontal line. C. Supply is most elastic in the long run. D. All of the statements are true.

Economics