mariahariel112 mariahariel112
  • 03-11-2017
  • Business
contestada

The nominal gdp of the u.s. in 2015 was approximately​ $17.3 trillion. this means that

Respuesta :

andriansp andriansp
  • 14-11-2017
This means that:

-the value of output in 2015 was around $17.3 trillion
-total income in 2015 was around $17.3 trillion
-total spending in 2015 was around $17.3 trillion

Value of output and total spending has basically similar meaning because they account for the total amount required to produce all output/product within the period.
Assuming that it's all gonna be sold, the total income will be at least close to the amount needed for production because the nominal GDP is evaluated at current market prices.
Answer Link

Otras preguntas

Oscar has a 200-page book to read. He reads 4 pages every 5 minutes. How many pages will he have left to read after reading for 100 minutes?
in Botswana today, HIV/AIDS infection rates are
The process of getting information out of memory storage is called:
Create a newspaper headline to show how most southerners reacted to the election of lincoln in 1860.
What was the name given to the belief that life is made up of competitive struggles and only the fittest survive?
Who is the King of England?
Which source would be the most credible when researching the topic of plagiarism? a student report on plagiarism in college an article in a journal written
Triglycerides are triesters of glycerol with _____.
how do you draw a hexagon on dot paper with an area of 16 square units
A chord of circle M passes through point M. Another name for this chord is a radius. True or False?