In the reservoir analogy for stock versus flow, the stock of capital is similar to the
A) quality of water.
B) outflow of water.
C) inflow of water.
D) level of water.
Correct Answer:
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Q137: Gross domestic private investment, as defined in
Q139: U.S.GDP in 2015 was about
A)$8 trillion.
B)$18 trillion.
C)$890
Q140: Business inventories increase when firms produce
A)more than
Q142: If inflows to the capital stock are
Q143: The expenditures or output approach to GDP
Q145: The "statistical discrepancy" that the NIPA includes
Q146: The following are incomes earned but not
Q200: The two ways of looking at GDP
Q202: Computation of GDP by the expenditures method
Q208: When gross private domestic investment exceeds depreciation,
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