CFA Practice Question

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CFA Practice Question

GDP is ______.

A. the market value of an economy's production of final goods and services in a one-year period
B. the sum of coins, bills, and demand deposits circulating in an economy in a one-year period
C. the total expenditures of the federal government over the period of one year
Correct Answer: A

That's the definition of GDP.

User Contributed Comments 2

User Comment
george2006 GDP only measure the total market value of FINAL goods and services in one year. NOT all goods and services.
jasonkwk keyword is final
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