Gross Domestic Product measures the
A) quantity of the goods and services produced in a given year, listed item by item, within a country.
B) income of the business sector within a country.
C) market value of the final goods and services produced in a given year within a country.
D) measures the market value of the domestic labor in a given year within a country.
E) market value of the final goods and services consumed by households in a given year within a country.
C
Economics
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Note that at the original AD level, there is an equilibrium at 400, where AD = Y, and there is significant unemployment.
What will be an ideal response?
Economics
Maximizing profit means finding the maximum difference between:
a. TR and TC. b. MR and MC. c. price and ATC. d. price and AR. e. ATC and MC.
Economics