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Gross Domestic Product

Question 280

Multiple Choice

Gross domestic product


A) is the total market value of goods,but not services,produced in a year.
B) is an excellent basis for comparing consumer well-being across different cultures and economies.
C) is a widely used measure of income for different countries.
D) is the total market value of services,but not goods,produced in a year.
E) All these answers are correct.

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