2. GDP is equal to a. the total value of all goods and services produced in an...

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2. GDP is equal to

a. the total value of all goods and services produced in an economy during a given period.

b. C + I + G + IM.

c. the total value of intermediate goods plus final goods.

d. the total income received by producers of final goods and services.

e. none of the above.

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Krugmans Economics For Ap

ISBN: 9781429218276

2nd Edition

Authors: Margaret Ray, David A. Anderson

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