Multiple Choice
Government purchases, under the expenditure approach to GDP accounting, do not include:
A) state government purchases of plumbing services.
B) Social Security benefit payments to retirees.
C) the salaries of military officers.
D) federal government purchases of computers.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Real GDP is:<br>A)the base year market value
Q3: Net exports are a _ proportion of
Q4: Which of the following factors that affect
Q5: Which of the following is included in
Q6: Net exports are defined as:<br>A)exports plus imports.<br>B)exports
Q7: The dollar value of stocks and bonds
Q8: The total dollar value of purchases in
Q9: In the national income accounts, investment includes:<br>A)expenditures
Q10: Which of the following is a problem
Q11: Which of the following would not be