Define the term aggregate.

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Question

Asked 1/24/2011 9:44:41 AM

Updated 7/12/2014 3:16:39 PM

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Flagged by matahari [7/12/2014 3:16:01 PM]

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User: Define the term aggregate.

User: The GDP is the _____ of all _____ goods and services produced within _____ in a given period of time. A. product / unsold / a community B. price / purchased / a market C. total / exported / an economy D. market value / final / a country

Question

Asked 1/24/2011 9:44:41 AM

Updated 7/12/2014 3:16:39 PM

2 Answers/Comments

Flagged by matahari [7/12/2014 3:16:01 PM]

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matahari

An aggregate is a collection of items that are gathered together to form a total quantity.

Added 7/12/2014 3:15:58 PM

This answer has been confirmed as correct and helpful.

Confirmed by yumdrea [7/12/2014 3:26:03 PM]

matahari

The GDP is the MARKET VALUE of all FINAL goods and services produced within a COUNTRY in a given period of time.

Added 7/12/2014 3:16:39 PM

This answer has been confirmed as correct and helpful.

Confirmed by yumdrea [7/12/2014 3:26:09 PM]

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Questions asked by the same visitor

The _____ is a pattern of irregular yet repeated flow of expansion and contraction of aggregate economic activity.

(More)

Question

Updated 7/29/2014 10:27:44 PM

1 Answer/Comment

jerry06

The business cycle is a pattern of irregular yet repeated flow of expansion and contraction of aggregate economic activity.

Added 7/29/2014 10:27:44 PM

This answer has been confirmed as correct and helpful.

Confirmed by jeifunk [7/29/2014 10:34:15 PM], Unconfirmed by jeifunk [7/29/2014 10:34:15 PM], Confirmed by jeifunk [7/29/2014 10:34:17 PM]

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