Multiple Choice
In the late 1930s,military planners needed to know the size of the economy so they could determine
A) the tax base in case of war.
B) how many tanks and planes the economy could produce.
C) the military budget for the next five years.
D) whether military spending was too large.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: The Bureau of Labor Statistics is responsible
Q2: Goods that are produced but not immediately
Q3: Macroeconomics is the study of specific parts
Q5: The term "gross domestic purchases" refers to<br>A)
Q6: If gross domestic purchases are _,then net
Q7: Nonresidential investment is part of the GDP
Q8: Government investment includes all purchases of long-lived
Q9: When companies reduce their inventories,<br>A) the amount
Q10: Gross domestic product (GDP)is the _ of
Q11: The output of a government is equal