When we calculate the percent change in the real GDP between 2008 and 2009, we
A) subtract 2008 real GDP from 2009 real GDP, and express the difference as a proportion of 2008 real GDP.
B) take the average of 2008 and 2009 real GDP.
C) divide 2008 real GDP with 2009 real GDP.
D) subtract 2008 real GDP from 2009 real GDP.
Correct Answer:
Verified
Q45: When a country is experiencing persistent inflation,
Q46: Which of the following is included in
Q47: In the circular flow diagram, firms _
Q48: Depreciation is:
A) the amount of decline in
Q49: Gross domestic product measures:
A) the total income
Q51: _ is commonly defined as a severe
Q52: If net investment in 2009 is $400
Q53: The profit from British Airways production in
Q54: Which of the following statements is correct?
A)
Q55: If net investment is negative, then
A) gross
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents