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Computers and Technology, 14.02.2020 16:36 swaggernas
Why in microeconomicsLOADING... can we measure production in terms of quantity, but in macroeconomicsLOADING... we measure production in terms of market value? A. If, in macroeconomics, we measured production using quantities, we would add tons of wheat grown by U. S. farmers to the number of iPods produced by Apple, to gallons of milk, and so on. B. When we measure total production, we can't just add together the quantities of every good and service because the result would be meaningless. C. Measuring production using market value in dollar terms allows us to add together many different goods and services. D. Both A and C. E. All of the above.
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