Multiple Choice
If we calculate GDP by adding the dollars of all goods that buyers pay, we make an error as a result of
A) omitting opportunity costs.
B) double counting some goods.
C) missing the negative values that some buyers perceive for some goods.
D) omitting some measures of well-being.
E) ignoring inflation.
Correct Answer:

Verified
Correct Answer:
Verified
Q134: In 2015, the imports of the United
Q135: Which of the following statements is false?<br>A)Capital
Q136: Which of the following best describes what
Q137: Net exports are<br>A)the sum of exports and
Q138: Answer the questions below:<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Answer
Q140: If inventories increase in a given year,
Q141: According to the data in Exhibit 18-5,
Q142: Exhibit 18-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 18-8
Q143: Exhibit 18-7<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 18-7
Q144: Jessy builds a desk that is valued