Multiple Choice
Suppose the total market value of all final goods and services produced in a particular country is $600 billion and the total market value of final goods and services sold is $525 billion in 2020.We can conclude that:
A) GDP is $525 billion in 2020.
B) NDI is $525 billion in 2020.
C) GDP is $600 billion in 2020.
D) inventories fell by $75 billion in 2020.
Correct Answer:
Verified
Correct Answer:
Verified
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