Multiple Choice
Value added is
A) the sum of all income earned by resource suppliers
B) actual investment minus planned investment
C) any payment of income that adds to the domestic spending stream
D) the value of a product minus the cost of materials
E) the increase in the value of a financial asset such as a stock or bond
Correct Answer:
Verified
Correct Answer:
Verified
Q12: Which of the following would not be
Q13: GDP is not a perfect measure of
Q14: If nominal GDP for a particular year
Q15: Which of the following is an injection
Q16: Which of the following would directly reduce
Q18: The CPI overstates the true inflation rate
Q19: If Bureau of Labor Statistics data collectors
Q20: Which of the following is a leakage
Q21: Which of the following would not be
Q22: If the GDP price index rises from