Net domestic product (NDP) is determined by
A) Subtracting depreciation from GDP.
B) Adding consumption,investment,government expenditures,and net exports.
C) Adding appreciation to GDP.
D) Subtracting consumption from GDP.
Correct Answer:
Verified
Q47: Inflation is
A)The increase in the market value
Q48: Use the following figure to answer the
Q49: Depreciation represents
A)The consumption of capital in the
Q52: Use the following figure to answer the
Q53: The wearing out of plants and equipment
Q54: Assume nominal GDP is $10,000 billion in
Q54: Use the following figure to answer the
Q55: If real GDP falls from one period
Q56: Net domestic product is
A)Equal to GDP minus
Q56: If nominal GDP was $11,500 billion in
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