Multiple Choice
To compute the value of nominal GDP:
A) goods and services are valued at market prices.
B) the sale of used goods is included.
C) production for inventory is not included.
D) goods and services are valued by weight.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q42: All of the following are measures of
Q44: A chain-weighted measure of real GDP is
Q50: Nominal GDP measures the value of goods
Q51: Assume that a tire company sells 4
Q52: In 2012 in Canada,total government purchases per
Q56: If real GDP grew by 6 percent
Q80: It is a national income accounting rule
Q82: The national income accounts identity, for an
Q106: The amount of capital in an economy
Q121: An example of an imputed value in