CFA Practice Question

There are 539 practice questions for this study session.

CFA Practice Question

Suppose the economy of Duckland produces 3 pizzas at $5 a pizza, 6 gallons of ice cream at $3 a gallon, and 5 cases of soda pop at $10 a case. The gross domestic product of Duckland is ______.
Correct Answer: $83

Gross domestic product (GDP) is the value of all goods and services produced within an economy during a given year. In this case, GDP is $15+$18+$50=$83.

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