Gross domestic product (GDP)

A.
is the sum of all exchanges of goods and services during a period.
B.
includes financial transactions such as the purchase of stocks or bonds traded during a period.
C.
includes the purchases of goods at intermediate stages of production.
D.
is the sum of the total spending on all final-user goods and services produced domestically during a period.
Macroeconomics
AP
College Board
Exam No:AP Macroeconomics Problem Set 3 Year:2024 Question No:APMacroeconomics2024AP0104

Answer:

D

Knowledge points:

2.1 The Circular Flow and GDP
2.2 Limitations of GDP

Solution:

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