
Economics for Today 9th Edition by Irvin Tucker
النسخة 9الرقم المعياري الدولي: 978-1305507111
Economics for Today 9th Edition by Irvin Tucker
النسخة 9الرقم المعياري الدولي: 978-1305507111 تمرين 8
Which of the following statements is true ?
A) The inclusion of intermediate goods and services in GDP calculations would underestimate our nation's production level.
B) The expenditures approach sums the compensation of employees, rents, profits, net interest, and non-income expenses for depreciation and indirect business taxes.
C) Real GDP has been adjusted for change in the general level of prices due to inflation or deflation.
D) Real GDP equals nominal GDP multiplied by the GDP deflator.
A) The inclusion of intermediate goods and services in GDP calculations would underestimate our nation's production level.
B) The expenditures approach sums the compensation of employees, rents, profits, net interest, and non-income expenses for depreciation and indirect business taxes.
C) Real GDP has been adjusted for change in the general level of prices due to inflation or deflation.
D) Real GDP equals nominal GDP multiplied by the GDP deflator.
التوضيح
In the second statement, the expenditure...
Economics for Today 9th Edition by Irvin Tucker
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