In the equation C + I + G + Xn,the I is defined as
A) total new investments less a wear out allowance.
B) total investments in new plant and equipment,business inventory changes and new residential housing.
C) domestic consumer income.
D) total investments in new plant and equipment.
Correct Answer:
Verified
Q4: If GDP doubled between 1990 and 1995,and
Q5: Which one of the following is taken
Q6: The largest item amount among those listed
Q7: GDP takes into account
A)both psychic income and
Q8: In 2009,our per capita GDP was about
A)$25,000.
B)$35,800.
C)$46,400.
D)$55,600.
E)$65,000.
Q10: The smallest component of national income is
A)rent.
B)interest.
C)profits.
D)salaries
Q11: Which statement is true?
A)GDP can never be
Q12: Which one of the following is counted
Q13: If GDP rose from $4 trillion to
Q14: Today our per capita real GDP is
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