The account that gives the most accurate understanding of the economy's potential for growth over the long term is
A) GDP.
B) NDP.
C) NI.
D) GNP.
Correct Answer:
Verified
Q70: Gross investment is the
A)Total investment expenditure in
Q71: A nation's capital stock will decline,ceteris paribus,in
Q72: When we calculate GDP,government spending on goods
Q73: If depreciation is smaller than gross investment,
A)Net
Q74: A nation's production possibilities curve should,ceteris paribus,shift
A)Inward
Q76: If for a given year gross investment
Q77: The addition to the economy's capital stock
Q78: When calculating GDP,consumption makes up approximately
A)One-fifth of
Q79: The national income aggregate calculated by subtracting
Q80: The economic definition of investment includes all
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