Multiple Choice
Suppose that GDP was $200 billion in year 1 and that all other components of expenditures remained the same in year 2 except that business inventories increased by $10 billion. GDP in year
2 is
A) $180 billion.
B) $190 billion.
C) $200 billion.
D) $210 billion.
Correct Answer:
Verified
Correct Answer:
Verified
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Q99: Gross domestic product (GDP) measures and reports
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Q101: A nation's capital stock was valued at
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Q105: Environmental pollution is accounted for in<br>A) GDP.<br>B)
Q106: Disinvestment occurs when<br>A) businesses sell machinery and
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Q108: The total amount of income earned by