Real GDP measures:
A) current output in current dollars
B) current output in constant dollars from a given year
C) GDP per person in current dollars
D) GDP per person in constant dollars from a given year
E) current output adjusted to take account of price differences between countries
Correct Answer:
Verified
Q29: The value of Canadian imports is:
A)added to
Q30: In calculating GDP,national income accountants:
A)treat inventory changes
Q31: In year 1,Trailblazer Bicycle Company produced a
Q32: An economy is enlarging its stock of
Q33: Which of the following best defines disposable
Q34: If the size of the underground economy
Q36: Depreciation can be determined indirectly by:
A)adding income
Q37: The Human Development Index does not incorporate
Q38: Net exports may be defined as:
A)the portion
Q39: The main difference between GDP and GNI
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