Comparison pre (2005) and post (2009) Great Recession real GDP's (in 2005 dollars) indicates,
A) decrease of 10 percent.
B) decrease of 3 percent
C) increase of 3 percent.
D) decrease of 10 percent
Correct Answer:
Verified
Q166: "Multiple counting" is avoided when calculating GDP
Q167: Which statement is true?
A)GDP and real GDP
Q168: Net exports is a positive number in
Q169: When the Noodlemans purchase a new residential
Q170: Net investment is equal to
A)GDP minus depreciation.
B)depreciation.
C)gross
Q172: Which statement is false?
A)In 2009 G was
Q173: Gross investment was over $_ billion in
Q174: The only difference between Gross Domestic Product
Q175: If real GDP increased and GDP decreased
Q176: Government purchases are about _ of GDP.
A)one-half
B)two-fifths
C)one-third
D)one-fifth
E)one-tenth
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