Essay
List and discuss two reasons why national income accountants could make errors in measuring GDP.
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Q3: Government expenditures includes<br>A)inventory investment.<br>B)consumer spending.<br>C)residential spending.<br>D)financial investment.<br>E)federal
Q4: The employment/population ratio equals<br>A) <span
Q5: An example of a stock would be<br>A)investment.<br>B)real
Q6: When there is rapid inflation<br>A)growth in nominal
Q7: National savings must equal<br>A)Y - NFP +
Q9: Jim's Nursery produces and sells $1,100 worth
Q10: For the following question(s), suppose that an
Q11: The unemployment rate equals<br>A) <span
Q12: The participation rate equals<br>A) <span
Q13: In 2017, consumption comprised approximately<br>A)58% of GDP.<br>B)80%