Ask Question
21 September, 16:55

The money spent on domestically produced final goods and services: Group of answer choices is equal to exports minus imports. is subtracted in the circular-flow model. is equal to GDP. is equal to GDP, is equal to exports minus imports, and is subtracted in the circular-flow model.

+2
Answers (1)
  1. 21 September, 17:30
    0
    The money spent on domestically produced final goods and services: is equal to GDP.

    Gross domestic product, or GDP, is the total value of all final goods and services produced in the economy during a given year.

    GDP is used as a measure of the size of an economy and can also be used to compare the economic performance in other countries.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The money spent on domestically produced final goods and services: Group of answer choices is equal to exports minus imports. is subtracted ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers