econ 2301 Exam 3| Questions with 100% Solutions/Verified Answers
GDP is: - ANSWER the total value of all final goods and services plus intermediate goods and services produced domestically within a given period. Final goods or services used to compute GDP refer to: - ANSWER goods and services purchased by the ultimate users. Intermediate products - ANSWER produced domestically are not directly reflected in a nation's GDP.
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econ 2301 exam questions with 100 solutions
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