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What are goods and services produced outside of the country in which they are sold?
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∙ 10y ago
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Wiki User
∙ 10y ago
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What is included in GDP and what is excluded from GDP?
GDP is the value of all the goods and services produced in the country in one year. Money earned outside of the country is not included.
What determines what goods and services are produced?
Consumers determines what goods and services are produced.
What are the four fundamental economic questions?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?
What Three question every economy must answer?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?
For whom are goods and services produced in a market economy?
Goods and services are produced for consumers . What the consumer wants, the entrepraneur or company will give..
What three questions define the economy of a society?
what goods and services should be produced? How should goods and services be produced? who should get and use the goods and services?
What are the components of Aggregate Supply?
aggregate supply is the total number of good and services produced in a country. The components are GOODS and SERVICES
The value of all of the goods and services produced in a country is called the?
gross domestic product? i think.
What three basic economic questions must be answered by every society?
What goods and services should be produced?How should the goods and services be produced?Who should get the goods and services?
What is the answer to The gross domestic product is the?
total value of all goods and services produced in a country in a given year
The total value of all goods and services produced in a country in called what?
it is called gross domestic products
What goods and services are produced?
the goods and services that are produced are maids because they service you and a car because a good is something that is good
