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Gross domestic product is the sum of the purchase price multiplied by the quantity of:
Ā 
A. Goods and services exchanged during the period.
B. Final goods and services produced domestically during the period.
C. Goods and services produced domestically during the period minus the depreciation of productive assets.
D. Final goods and services plus intermediate goods produced domestically during the period.

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Prachi Dabas
Prachi DabasLv10
4 Oct 2020

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Related questions

In the market for foreign-currency exchange in the open-economy macroeconomic model, which of the following does the amount of net capital outflow represent?
a.
the quantity of dollars supplied for the purpose of selling assets domestically
b.
the quantity of dollars supplied for the purpose of buying assets abroad
c.
the quantity of dollars demanded for the purpose of buying Canadian net exports of goods and services
d.
the quantity of dollars demanded for the purpose of importing foreign goods and services

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a.
the quantity of dollars supplied for the purpose of selling assets domestically
b.
the quantity of dollars supplied for the purpose of buying assets abroad
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the quantity of dollars demanded for the purpose of buying Canadian net exports of goods and services
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21 If the Federal Reserve reduced its reserve requirement from 6.5 percent to 5 percent. This policy would most likely:

A. decrease both the money multiplier and the money supply

B. decrease the money multiplier but increase the money supply

C. increase both the money multiplier and the money supply

D. increase the money multiplier but decrease the money supply

23 Real gross domestic product is best defined as

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D. the market value of intermediate goods and services produced in an economy, including exports

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