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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.
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Asked 5/8/2014 7:54:08 AM
Updated 10/18/2016 8:06:12 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by Andrew. [10/18/2016 8:06:11 AM], Confirmed by Andrew. [10/18/2016 8:06:12 AM]
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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: Dollar amount of all final goods and services produced within a country s national border in a year.
jushusp|Points 80|

User: 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.

Question
Asked 5/8/2014 7:54:08 AM
Updated 10/18/2016 8:06:12 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by Andrew. [10/18/2016 8:06:11 AM], Confirmed by Andrew. [10/18/2016 8:06:12 AM]
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Impact of production on quality of life is a limitation of GDP.
Added 10/17/2016 9:52:48 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [10/18/2016 8:06:29 AM]
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Questions asked by the same visitor
true or false? Gross Domestic Product is an index that measures price changes by domestic producers.
Question
Not Answered
Updated 5/8/2014 8:41:15 AM
1 Answer/Comment
Gross Domestic Product is an index that measures price changes by domestic producers.
True.
Added 5/8/2014 8:41:15 AM
This answer has been confirmed as correct and helpful.
Gross Domestic Product is an index that measures price changes by domestic producers. true or false?
Question
Not Answered
Updated 5/8/2014 8:13:48 AM
2 Answers/Comments
Gross Domestic Product is an index that measures price changes by domestic producers.
True.
Added 5/8/2014 8:13:48 AM
This answer has been confirmed as correct and helpful.
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