This quantity's potential value decreases by 2% as unemployment increases by 1%,   according to the gap version of Okun's Law.
This quantity's potential value decreases by 2% as unemployment increases by 1%,   according to the gap version of Okun's Law. The expenditure approach to calculating this  quantity adds (*) consumption, investments, government spending, and net exports. For 10 points,  name this economic quantity, the total market value of all goods and services produced in a country,  contrasted with a similar "national" quantity.
This quantity's potential value decreases by 2% as unemployment increases by 1%,   according to the gap version of Okun's Law.
Gross Domestic Product (do not accept or prompt “gross national product” or “GNP”)