Solved

The Money Spent on Domestically Produced Final Goods and Services

Question 414

Multiple Choice

The money spent on domestically produced final goods and services:


A) is equal to GDP.
B) is equal to exports minus imports.
C) is subtracted in the circular-flow model.
D) is equal to GDP, is equal to exports minus imports, and is subtracted in the circular-flow model.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions