GDP can be computed as the sum of
A) the total expenditures of consumption, investment, government expenditure on goods and services, and net exports over a period of time.
B) the total expenditures of consumption, investment, and government expenditure on goods and services over a period of time.
C) all sales that have taken place in an economy over a period of time.
D) the total expenditures of consumers and business over a period of time.
Correct Answer:
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A) An increase in
Q60: Gross domestic product GDP) is
A) the sum
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Q63: Net investment equals
A) gross investment + depreciation.
B)
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Q65: _is gross investment minus_ .
A) Depreciation; replacement
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