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    Macroeconomics Study Set 68
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    Exam 7: Measuring Domestic Output and National Income
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    The Gross Domestic Product (GDP) Concept Accounts for Society's Valuation
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The Gross Domestic Product (GDP) Concept Accounts for Society's Valuation

Question 229

Question 229

Multiple Choice

The gross domestic product (GDP) concept accounts for society's valuation of the relative worth of goods and services by using


A) a measure of physical weight.
B) a measure of volume.
C) a utility measure.
D) a monetary measure.

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