Multiple Choice
Depreciation is all the following, except
A) the difference between GDP and NDP.
B) the difference between gross investment and net investment.
C) the accumulation of capital stock.
D) the consumption of fixed capital.
Correct Answer:

Verified
Correct Answer:
Verified
Q53: The total volume of business sales in
Q54: <span class="ql-formula" data-value="\begin{array} { | l |
Q55: U.S. GDP in 2018 was about<br>A) $8
Q56: An example of intermediate goods would be<br>A)
Q57: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the
Q59: If depreciation (consumption of fixed capital) exceeds
Q60: Transfer payments are included in<br>A) NI.<br>B) PI.<br>C)
Q61: GDP can be calculated by summing<br>A) personal
Q62: Only three goods are produced in an
Q63: Alejandro Scoobertini owns a store specializing in