Multiple Choice
In the United States in 2012, government purchases of goods and services were
A) larger than consumption, but smaller than investment.
B) larger than investment, but smaller than consumption.
C) smaller than both consumption and investment.
D) larger than both consumption and investment.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: A transfer payment is<br>A)a payment for moving
Q10: A country reported a nominal GDP of
Q12: If an economy's GDP rises,then it must
Q88: Net exports equal<br>A)exports plus imports.<br>B)imports minus exports.<br>C)Y
Q93: Table 23-5<br>The country of Caspir produces only
Q101: An American retailer purchased 100 pairs of
Q102: Which of the following items is counted
Q109: Changes in the GDP deflator reflect<br>A)only changes
Q211: The term real GDP refers to a
Q250: In 2012, U.S. GDP was almost<br>A) $16