Which of the following is an income number?
A)M1
B)M2
C)GDP
D)cash

Name: Which of the following is an income number? A)M1 B)M2 C)GDP D)cash
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Question

Which of the following is an income number?
A)M1 
B)M2 
C)GDP 
D)cash

Quizplus · Accepted Answer

GDP (Gross Domestic Product) is a measurement of the total income generated by a country's economy. It includes all goods and services produced within a country's borders, and is therefore considered an income number. M1 and M2 refer to measures of the money supply, while cash is a physical form of currency.

Which of the Following Is an Income Number