If depreciation exceeds gross investment,it can be concluded that:
A) GDP is rising, but GNI is declining
B) net investment is negative
C) the economy is importing more than it is exporting
D) the economy's capital stock is expanding
E) GNI is declining, but GDP is rising
Correct Answer:
Verified
Q14: Suppose that the total market value of
Q15: By adding up the dollar value of
Q16: GDP includes:
A)neither intermediate nor final products
B)both intermediate
Q17: "Value added" refers to:
A)any increase in GDP
Q18: In 1933,net investment was -$5.8 billion.This meant
Q20: GDP can be calculated by adding:
A)consumption, gross
Q21: In the treatment of Canadian exports and
Q22: GDP tends to:
A)overstate economic well-being, because it
Q23: Gross investment refers to:
A)depreciation minus net investment
B)net
Q24: Professor Shields grows tomatoes in her garden
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