National Income and Aggregate Measurement Quiz

The study of stock market trends

The study of international trade only

The study of individual consumer behavior

The study of the economy as a whole and its aggregates (correct)

The total value of all final goods and services produced within the domestic territory of the country over a period of 1 year (correct)

The total value of all goods produced for export

The total value of all goods and services consumed domestically

The total value of all goods and services produced and consumed by the government

Goods and services that have not yet been sold in the market

Goods and services purchased, or own during the year, by one production unit from the other production units and get completely used up, or resold, during the same year (correct)

Goods and services used in the production of other goods

Goods and services purchased for personal consumption

<p>Double entry system of business accounting</p> Signup and view all the answers

<p>Intermediate goods are purchased for further production, while final goods are purchased for consumption and investment</p> Signup and view all the answers