Series 7 - General Securities Representative Exam
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All of the following are true of GDP EXCEPT:
It measures the change in price of goods and raw materials purchased by manufacturers.
A
It is the monetary value of all final goods and services of a country
B
It is used to estimate the size of a country's economy
C
It can show weather a country's economy is expanding or contracting
D
Explanations
A is PPI (Producer Price Index). The other 3 all describe Gross Domestic Product