If the size of the underground economy increases over time:
A) real GDP will rise more rapidly than per capita real GDP
B) GDP will increasingly tend to understate the level of output through time
C) GDP will increasingly tend to overstate the level of output through time
D) the accuracy of GDP will be unaffected through time
E) per capita real GDP will rise more rapidly than real GDP
Correct Answer:
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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
Q35: Real GDP measures:
A)current output in current dollars
B)current
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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