If Holmes pays Weiss $190,then:
A) we can say with certainty that GDP has increased by $190
B) we can say with certainty that GDP has increased, but we cannot determine the amount
C) we can say with certainty that GNI has increased, but we can't say whether GDP has increased or decreased
D) we need more information to determine whether GDP has changed or not
E) GDP and GNI have definitely stayed the same
Correct Answer:
Verified
Q1: When an economy's capital stock is expanding:
A)GNI,
Q2: Which of the following is an intermediate
Q3: Assume a manufacturer of stereo speakers purchases
Q5: A nation's capital stock will decline when:
A)gross
Q6: BGF Corporation buys $100 000 of sand,rock,and
Q7: Economists define investment to include:
A)any increase in
Q8: The term "final products" refers to:
A)products that
Q9: If intermediate goods and services were included
Q10: Which of the following is a final
Q11: National income accountants can avoid double counting
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