Of the Many Ways to Measure GDP, the One Used

Multiple Choice

Of the many ways to measure GDP, the one used in the short-run aggregate demand model is

A) total spending on goods and services.
B) total production of goods and services.
C) total income received by workers and firms.
D) total production net of depreciation on the factors of production.
E) all of the above; they are all equally useful in constructing a macro model.