Multiple Choice
GDP is a flow variable because
A) all macroeconomic aggregates are flow variables
B) it measures the production that takes place over a period of time
C) it measures the amount of goods and services that exist at the end of a time period
D) the number of goods and services produced is usually a fixed number
E) it accounts for the goods and services transferred from one firm to another
Correct Answer:

Verified
Correct Answer:
Verified
Q89: When is the U.S.economy at full employment?<br>A)
Q90: Which of the following units is used
Q91: GDP measures the output produced within a
Q92: Suppose a computer manufacturer purchases a $100
Q93: Mark is an 86-year-old watchmaker who works
Q95: Suppose that in 2009 the total value
Q96: What is the difference between an intermediate
Q97: The total loss associated with the 2005
Q98: The primary macroeconomic cost of unemployment is<br>A)
Q99: Which of the following annual real GDP