GDP: a. Is the dollar value of all the final goods and services produced within the borders
Question:
GDP:
a. Is the dollar value of all the final goods and services produced within the borders of a nation.
b. Includes intermediate and final goods and services.
c. Minus an allowance for depreciation of fixed capital equals GNP.
d. Is a less-than-perfect measure of social well-being because it does not include exports and imports.
e. All of the above.
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