Multiple Choice
Depreciation is subtracted from GDP to get NDP.Depreciation
A) represents the value of leisure goods
B) measures changes in exchange rates
C) represents income that we earn but do not receive
D) represents investment undertaken merely to replace worn-out capital
E) measures the effects of government subsidy programs
Correct Answer:

Verified
Correct Answer:
Verified
Q25: Which of the actions below will not
Q26: Real GDP is measured in<br>A)current-year prices<br>B)base-year prices<br>C)nominal
Q27: Nominal GDP is measured in<br>A)current-year prices<br>B)base-year prices<br>C)real
Q28: To determine the CPI,you would need to
Q29: If exports total $6.5 billion and imports
Q31: Rhonda sells a house she has owned
Q32: Which of the following would not be
Q33: Which of the following transactions is not
Q34: Which of the following would increase GDP?<br>A)More
Q35: The CPI overstates the true inflation rate