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    Principles of Economics Study Set 11
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    Exam 19: Introduction to Macroeconomics and Gross Domestic Product
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    Gross Domestic Product (GDP)is an Important Indicator Because It Is
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Gross Domestic Product (GDP)is an Important Indicator Because It Is

Question 112

Question 112

Multiple Choice

Gross domestic product (GDP) is an important indicator because it is used as a measure of all of the following EXCEPT


A) economic growth.
B) average living standards.
C) business-cycle fluctuations.
D) average income levels.
E) environmental quality.

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