Economists use GDP to determine

A) the economic performance of a country over time.
B) the well-being of a country's citizens.
C) the financial stability of a nation.
D) the overall money supply within a nation.
E) all of the above.


A

Economics

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An asset becomes more liquid and hence more money-like

A) as its value relative to other goods approaches zero. B) as its value relative to other goods becomes more uncertain and unpredictable. C) as the cost of exchanging it for other goods approaches zero. D) when it is demanded for its own intrinsic value.

Economics

Consumers' preferences are represented by

A) budget lines. B) indifference curves. C) relative prices. D) household income.

Economics

The aggregate demand is described graphically as a. sloping downward. b. a vertical line

c. a horizontal line. d. sloping upward.

Economics

When U.S. net exports rise, which increases the aggregate quantity of goods and services demanded, the dollar must have

a) depreciated b) reciprocated. c) equivocated. d) appreciated.

Economics