Multiple Choice
An economy is enlarging its stock of capital goods
A) when net investment exceeds gross investment.
B) when gross investment exceeds replacement investment.
C) whenever gross investment is positive.
D) when replacement investment exceeds gross investment.
Correct Answer:
Verified
Correct Answer:
Verified
Q3: The following are examples of final goods
Q4: The service a homeowner performs when she
Q5: The total income earned through the use
Q6: The GDP deflator or price index equals<br>A)gross
Q7: The following are incomes earned but not
Q8: GDP is the<br>A)national income minus all nonincome
Q9: The ZZZ Corporation issued $25 million in
Q10: A nation's capital stock was valued at
Q11: The GDP tends to<br>A)overstate economic welfare because
Q60: Transfer payments are included in<br>A) NI.<br>B) PI.<br>C)