Multiple Choice
GDP data provide _____ information as to whether a small fraction of the population consumes most of a country's GDP or whether consumption is evenly divided.
A) no
B) a little
C) a lot of
D) interesting
E) exciting
Correct Answer:
Verified
Correct Answer:
Verified
Q16: Net national product is:<br>A) NDP minus depreciation.<br>B)
Q23: A country's current account balance is:<br>A) the
Q24: Which of the following increases GDP?<br>A)More people
Q33: To construct GDP,exports:<br>A)and imports must be subtracted.<br>B)and
Q34: Exhibit 11-3 GDP data (billions of dollars)<br>
Q52: If the underground economy were included in
Q83: In the circular flow model, the demand
Q84: GDP underestimates our economic wellbeing because:<br>A) it
Q86: Household consumption expenditures include:<br>A) investment expenditure.<br>B) used
Q106: In recent years, people have benefited from