National economies, regardless of industry, are measured through what?
A) Standard of living
B) Aggregate output
C) Gross domestic product
D) Output per capita
E) Inflation rates
Answer: C
Explanation: C) Gross domestic product measures the value of all goods and services in a national economy for a specific period of time, regardless of the location of the output.
Business
You might also like to view...
All service elements must be delivered in a prescribed sequence
Indicate whether the statement is true or false
Business
Why has Nokia reorganised – what problem is it aiming to solve?
What will be an ideal response?
Business
Florida is a state that has the Homestead exemption
Indicate whether the statement is true or false
Business
The Constitution requires the use of juries in all criminal cases
a. True b. False Indicate whether the statement is true or false
Business