One problem with using market values to measure GDP is that
A) you cannot compare completely heterogeneous goods by using their dollar values.
B) some useful goods and services are not sold in markets.
C) prices for some goods change every year.
D) market values of export goods are usually priced in foreign currencies.
Correct Answer:
Verified
Q3: Intermediate goods are
A)capital goods, which are used
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Q12: Underground activities in the economy are
A)excluded from
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Q13: Because government services are not sold in
Q16: The fundamental identity of national income accounting
Q17: The value added of a producer is
Q17: Countries A and B have the same
Q18: The national income accounts
A)are an accounting framework
Q19: The Compagnie Naturelie sells mounted butterflies,using butterfly
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