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 (B)</p> Signup and view all the answers

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