Multiple Choice
Final goods or services used to compute GDP refer to:
A) the sum of all wages paid to laborers.
B) the factors of production used to produce output.
C) goods and services purchased by the ultimate users.
D) the value of outstanding shares of stock of manufacturing firms.
Correct Answer:
Verified
Correct Answer:
Verified
Q62: If country A had a smaller underground
Q63: Which of the following is included in
Q64: Which of the following is false?<br>A)We do
Q65: Which of the following is subtracted from
Q66: If indirect business taxes and depreciation were
Q68: If nominal GDP increased from $5,000 billion
Q69: Nominal GDP will always equal real GDP:<br>A)if
Q70: How do pollution and crime affect GDP?
Q71: What is the importance of measuring per
Q72: If real GDP decreased by 1% and