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Gross Domestic Product is defined as: a. intermediate goods plus final goods. c. National income plus depreciation. b. NNP minus depreciation. d. Dollar amount of all final goods and services produced within a country’s national border in a year.
Gross Domestic Product is defined as: d. Dollar amount of all final goods and services produced within a country s national border in a year.
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User: Gross Domestic Product is defined as: a. intermediate goods plus final goods. c. National income plus depreciation. b. NNP minus depreciation. d. Dollar amount of all final goods and services produced within a country’s national border in a year.

Weegy: Gross Domestic Product is defined as: d. Dollar amount of all final goods and services produced within a country s national border in a year.
jushusp|Points 70|

User: Gross Domestic Product is an index that measures price changes by domestic producers.

User: C + G + I +F is the formula to determine GDP. What does the G in the formula represent? a. government spending c. grants b. goods d. gambling

Weegy: C + G + I +F is the formula to determine GDP. What does the G in the formula represent? a. government spending
Expert answered|selymi|Points 11201|

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Asked 228 days ago|9/2/2013 8:57:26 AM
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The market basket is _____________. a. another term for the CPI. b. a term used to define consumers in a given market. c. a representative collection of goods and services. d. a continuous rise in the price of goods or services combined with the reduced value of money
Weegy: The market basket is a term used to define consumers in a given market. User: When Alison, a college math professor, leaves her job at a small rural college and starts looking for a job at large urban university, she is a. frictionally unemployed. c. cyclically unemployed. b. structurally unemployed. d. a discouraged worker Weegy: b User: A recession is the period in which real GDP increase over two ... (More)
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Asked 228 days ago|9/2/2013 7:25:21 AM
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output-expenditure model
Weegy: The ouput- expenditure model is given by: Y = C+I+G. Since, C depend on (Y-T) where Y is the ouput Or income, T is Tax Revenue, C is consumption expenditure, I is Investment expenditure and G is govt. [ expenditure, it is easy to see how fiscal policy works under conditions of unemployment/ underemployment in excess of normal / natural rate of unemployment. If the Govt. reduces T, Disposal income rises, which means people will consume ... (More)
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Asked 228 days ago|9/2/2013 8:49:59 AM
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C + G + I +F is the formula to determine GDP. What does the G in the formula represent? a. government spending c. grants b. goods d. gambling
Weegy: C + G + I +F is the formula to determine GDP. What does the G in the formula represent? G represents Government Spending (More)
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Asked 228 days ago|9/2/2013 9:05:42 AM
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Which of the following is a limitation of GDP? a. Impact of production on quality of life. c. It measures only goods, not services. b. Depreciation d. Double counting, because it includes intermediate goods and final goods.
Weegy: The answer is d. Double counting, because it includes intermediate goods and final goods. en.wikipedia.org/wiki/Gross_domestic_product Cached Similar (More)
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Asked 228 days ago|9/2/2013 9:07:09 AM
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