Gross Domestic Product can be measured as the sum of ?

A. final goods and services intermediate goods, transfer payments, and rent
B. consumption investment government purchases and net exports
C. consumption transfer payments. wages and profits.
D. Net National Product Gross National Product, and Disposable personal income
E. investment wages profits and intermediate production

In a boom ?

A. Surpluses are likely to occur:
B. Prices are likely to fall
C. Supply will increase immediately to match demand
D. Shortages may occur

In a recession a government ?

A. Is likely to want to decrease demand in the economy
B. Is likely to want to decrease demand in the economy
C. Is likely to want to stabilise demand in the economy
D. Is likely to want to increase supply in the economy

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