When you calculate GDP you need
A. the prices of goods & services
B. the amount of goods & services produced
C. both the prices and quantities of produced goods & services
D. none of the above
Answer: C. both the prices and quantities of produced goods & services
Economics
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Which of the following is included in M2?
A) U.S. Treasury bonds B) stocks C) savings accounts D) commercial paper
Economics
Quotas and tariffs provide the same outcome: restriction of international trade and higher prices for consumers
a. True b. False Indicate whether the statement is true or false
Economics