Which measures total value of goods and services produced

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Problem 1: ____________ measures the total value of goods and services produced during a specific period

A. ADP

B. GDP

C. EMF

D. SNL

Problem 2: ______________________________ tend to rise or fall a few months after business- cycle expansions and contractions.

A. Fluctuating economic indicators

B. Relaxed indicators

C. Progressive economic indicators

D. Lagging economic indicators

Problem 3: _________________ price index represents prices at the wholesale level, and the _________________ price index represents prices paid by consumers (retail level).

A. Shipping, receiving

B. Receiving, shipping

C. Producer, consumer

D. Consumer, producer

Reference no: EM132976968

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