Gross Domestic Product Adds Together Many Different Kinds of Goods

Multiple Choice

Gross domestic product adds together many different kinds of goods and services into a single measure of the value of economic activity.To do this,GDP makes use of

A) market prices.
B) statistical estimates of the value of goods and services to consumers.
C) prices based on the assumption that producers make no profits.
D) the maximum amount consumers would be willing to pay.