Multiple Choice
The income approach to calculating GDP includes
A) consumer spending.
B) exports of income earned.
C) net interest income.
D) government surpluses.
E) investment.
Correct Answer:
Verified
Correct Answer:
Verified
Q70: Intermediate goods are<br>A) irrelevant in the overall
Q71: Acme Steel Co.produces 1000 tons of steel.Steel
Q72: The employment/population ratio equals<br>A)<img src="https://d2lvgg3v3hfg70.cloudfront.net/TB34225555/.jpg" alt="The employment/population
Q73: Discouraged workers are<br>A) those who have given
Q74: In recent Canadian history,<br>A) GNP is the
Q76: To calculate the change in chain-weighted real
Q77: GDP may inaccurately measure the value of
Q78: Private disposable income is equal to<br>A) Y
Q79: Real GDP values current production at<br>A) current
Q80: Problems with interpreting the unemployment rate as