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Economics In 2021, the market value of all final goods and services produced is $100 billion and the market value of all final goods and
Economics In 2021, the market value of all final goods and services produced is $100 billion and the market value of all final goods and services sold is $50 billion. Which of the following is true in 20217 Answers A - E A GDP is $100 billion. B GDP is $50 billion. C Inventories fell by $50 billion D (A)andiC) E (B)ad(C) GDP is a better measure of economic well-being if it includes Answers A - E A the total value of intermediate goods. B the market value of final goods and services. C the value of household production. D All of the above. E None of the above
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