Which of the following statements about gdp is correct?
a. gdp measures two things at once:...
Business, 29.10.2019 07:31, jandrew2052
Which of the following statements about gdp is correct?
a. gdp measures two things at once: the total income of everyone in the economy and the unemployment rate of the economy’s labor force.
b. money continuously flows from households to government and then back to households, and gdp measures this flow of money.
c. gdp is to a nation’s economy as household income is to a household.
d. all of the above are correct.
Answers: 1
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