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    Principles of Economics Study Set 8
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    Exam 23: Measuring a Nations Income
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    GDP Can Measure Either the Total Income of Everyone in the Economy
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GDP Can Measure Either the Total Income of Everyone in the Economy

Question 87

Question 87

True/False

GDP can measure either the total income of everyone in the economy or the total expenditure on the economy's output of goods and services, but GDP cannot measure both at the same time.

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