- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 10. Aggregate Output, Prices, and Economic Growth
- Subject 1. Gross Domestic Product
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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