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      Question

      Fill in the Blanks _____________ 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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