Multiple Choice
Complete the following using the terms listed.
-_____ is the relationship between the goods and services produced in a nation each year and the inputs needed to produce them.
A) Consumer Price Index (CPI)
B) Inflation
C) Gross domestic product (GDP)
D) fiscal policy
E) monetary policy
F) equilibrium price
G) budget deficit
H) Pure competition
I) supply
J) Demand
K) Productivity
L) recession
M) microeconomics
N) oligopoly
O) monopoly
Correct Answer:

Verified
Correct Answer:
Verified
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