Chapter 3 - Measurement of Economic Performance

IOU

The term* bond* refers to having a loan in the form of a(n) ________ that collects interest.

GDP

The calculation of the ________, or the Gross Domestic Product, incorporates three approaches.

variable IM

The account of spending money on imported goods must be taken into consideration as it is denoted by the ________.

income households

The ________ that receive payments from the factor markets include profits that were distributed to company shareholders and the interest payments or any other associated bonds that might be in possession.

sum of consumer

This includes the ________ spending, investment spending, government purchases of goods, and purchases, and is subtracted by the imports.