Page 22 - Macroeconomics. book docx_Neat
P. 22
Answer: C
3. GDP measures production that occurs:
A. By citizens only
B. Outside the country
C. Within national borders
D. By the government only
Answer: C
4. Which of the following is included in GDP?
A. Used goods
B. Intermediate goods
C. Financial transactions
D. Final goods and services
Answer: D
5. GDP is usually measured over a period of:
A. One month
B. One week
C. One day
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