Asked by Mathapelo
Provide the economics term/concept for each of the following descriptions . Write only the term/concept next to the question number
1.3.1 Counting the contribution of a factor of production more than once
1.3.2 Total market value of all final goods and services produced by the permanent citizens of a country for a specific period
1.3.1 Counting the contribution of a factor of production more than once
1.3.2 Total market value of all final goods and services produced by the permanent citizens of a country for a specific period
Answers
Answered by
GPT 3.5
1.3.1 Double counting
1.3.2 Gross Domestic Product (GDP)
1.3.2 Gross Domestic Product (GDP)
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