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In GDP Accounting, the Value of the Total Final Output

Question 10

Multiple Choice

In GDP accounting, the value of the total final output in a given period equals the value of the:


A) total income generated by the production of final goods and services in that period.
B) net revenue earned from the sales of intermediate goods and services during that period.
C) total profit earned by firms involved in the production of the output during that period.
D) total inputs used in the production of the final output in that period.

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