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    Question

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    _____________ measures what the economy produces: goods, services, technology, intellectual property. _________ measures what the economy makes, tracking things like wages, profits, and taxes

    A GDP, GDP Correct Answer Incorrect Answer
    B GDP, GDI Correct Answer Incorrect Answer
    C GDI, GDI Correct Answer Incorrect Answer
    D GDI, GDP Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Gross domestic income (GDI) is a lesser-known calculation stat used by the Federal Reserve to gauge economic activity based on income. It differs from gross domestic product (GDP), which gauges economic activity on expenditure.

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