Multiple Choice
Consumption expenditure includes
A) the production of consumption goods not sold and held in inventory.
B) the purchase of consumption goods made domestically but consumed by foreigners.
C) purchase of goods and services by local government.
D) services,durables,and non-durable goods.
Correct Answer:
Verified
Correct Answer:
Verified
Q47: Which of the following governmental expenditures are
Q48: The calculation of potential output in the
Q49: In 1996,an advisory commission,appointed by the Senate
Q50: What was the largest and most important
Q51: The largest component of GDP in the
Q52: Goods in the CPI inflation are weighted
Q54: The contemporary rate of unemployment that is
Q55: What is the relationship between real and
Q56: A new chain-weighted measure of real GDP<br>A)was
Q57: If real GDP exceeds potential GDP,this means