Multiple Choice
To calculate personal savings,you would need information on all of the following except:
A) personal disposable income.
B) personal consumption expenditures.
C) interest paid to business.
D) government expenditure.
E) personal transfer payments to foreigners.
Correct Answer:
Verified
Correct Answer:
Verified
Q27: Personal income equals personal disposable income plus<br>A)payroll
Q28: National income is defined as gross national
Q29: When moving from gross domestic product to
Q30: A recession is a period when<br>A)output growth
Q31: Possible sources of an upward bias in
Q33: The value of every monetary transaction in
Q34: Policymakers utilize gross domestic product figures<br>A)to monitor
Q35: Inventory investment is<br>A)never positive.<br>B)often negative.<br>C)can be either
Q36: Potential output<br>A)is defined as the level of
Q37: If the nominal GDP is $12,000 in