standard of value GNP
The answer is GNP.... D.
Imports are goods or services brought into a country from another. Exports are goods and services sold to other countries.
The total demand for goods and services in an economy is known as aggregate demand. It represents the total amount of expenditure on the economy's output at a given price level and includes consumption, investment, government spending, and net exports. Aggregate demand is a crucial concept in macroeconomics, as it helps analyze economic performance and the effects of fiscal and monetary policies.
An economy is a system for producing goods and services.
consumption spending
The answer is GNP.... D.
Imports are goods or services brought into a country from another. Exports are goods and services sold to other countries.
they are known for there tomatos as goods
The total demand for goods and services in an economy is known as aggregate demand. It represents the total amount of expenditure on the economy's output at a given price level and includes consumption, investment, government spending, and net exports. Aggregate demand is a crucial concept in macroeconomics, as it helps analyze economic performance and the effects of fiscal and monetary policies.
This is a contract whereby a seller transfers or agree to transfer property in goods to the buyer in monetary consideration known as price
The total value of goods and services produced in a country during a given period is known as the Gross Domestic Product (GDP). It is a key indicator of a country's economic performance and is often used to gauge the size and health of an economy.
A system for producing goods and services is known as a production system. Goods are produced from raw materials, and services are activities performed.
it is known as technology
An economy is a system for producing goods and services.
consumption spending
Rationing
Market