There are innovations involving new ways to produce and conserve energy. If we can turn this new technology into marketable products and services that produce energy to run our businesses and homes, the U.S. could see a surge in output of goods and services. What would be measured to document this surge?
A) Gross domestic product
B) Consumer price index
C) Consumer marginal index
D) Number of workers who are frictionally employed

Question

Quizplus · Accepted Answer

GDP is the measure of the value of a nation's total output of final goods and services over a given year.

There Are Innovations Involving New Ways to Produce and Conserve