Ask Question
19 October, 05:31

The next wave of marketable innovations may involve new ways to produce and conserve energy. If we can turn new technology into marketable products and services that produce energy to run our businesses and homes, the U. S. could see a surge in output of goods and services. The Department of Economic Development would document this surge by measuring the

+5
Answers (1)
  1. 19 October, 05:39
    0
    The answer is: Gross Domestic Product (GDP)

    Explanation:

    The gross domestic product of a country is the sum of the total value of goods produced and services provided in that country during one time period (usually a year). It is the measure of a country's total economic activity.

    The formula used to calculate the GDP is:

    GDP = C + I + G + (X - M)

    C = private consumption

    I = investment

    G = government spending

    X = exports

    M = imports
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The next wave of marketable innovations may involve new ways to produce and conserve energy. If we can turn new technology into marketable ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers