Multiple Choice
Suppose that in a given country in a given year,GNP equals $2,000,investment expenditures equal $200,government expenditures equal $150,and the current account surplus equals $50. Consumption expenditures therefore equal
A) $1,000.
B) $1,200.
C) $1,400.
D) $1,600.
Correct Answer:
Verified
Correct Answer:
Verified
Q55: To compute a monthly consumer price index,we
Q56: The expenditure components of GDP include all
Q57: For the following questions, suppose an economy
Q58: GDP may inaccurately measure the value of
Q59: Acme Steel Co. produces 1000 tons of
Q61: For the following questions, suppose an economy
Q62: Jim's Nursery produces and sells $1100 worth
Q63: For the following questions, suppose an economy
Q64: National saving minus private saving is equal
Q65: For the following questions, suppose an economy