GDP is the market value of all final goods and services produced by a country's citizens in a given period of time.
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Q8: The goal of macroeconomics is to explain
Q9: An economy's income is the same as
Q10: GDP is the market value of all
Q11: Microeconomics and macroeconomics are closely linked.
Q12: GDP is the most closely watched economic
Q14: GDP can measure either the total income
Q15: GDP adds together many different kinds of
Q16: GDP includes the value of paper clips
Q17: U.S. GDP excludes the production of most
Q18: Macroeconomic statistics include GDP, the inflation rate,
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