Gross Domestic Product (GDP) is the total market value of all

A) final goods and services produced annually within a country's borders.
B) final and intermediate goods and services produced annually within a country's borders.
C) intermediate goods and services produced annually within a country's borders.
D) final goods produced every month within a country's borders.


A

Economics

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Which of the following would be part of the nation's current account?

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Explain why the long-run average cost is typically U shaped.

What will be an ideal response?

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What will be an ideal response?

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Explain how interest rates and bond prices are related to one another. Why is this important for monetary policy?

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