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Taya2010 [7]
3 years ago
10

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.
Business
1 answer:
Ad libitum [116K]3 years ago
3 0

Answer:

Explanation:

The money spent on domestically produced final goods and services: is equal to GDP.

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

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.

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