If GDP rose from $4 trillion to $6 trillion,and prices rose by 50 percent,over this period
A) real GDP fell by 100 percent.
B) real GDP fell by 50 percent.
C) real GDP stayed the same.
D) real GDP rose by 50 percent.
E) real GDP rose by 100 percent.
Correct Answer:
Verified
Q8: In 2009,our per capita GDP was about
A)$25,000.
B)$35,800.
C)$46,400.
D)$55,600.
E)$65,000.
Q9: In the equation C + I +
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
Q14: Today our per capita real GDP is
Q15: The largest component of national income is
A)corporate
Q16: The difference between GDP and NDP is
A)Who
Q17: Which is not counted in GDP?
A)A Social
Q18: Which is the smallest?
A)Employees' compensation
B)Corporate profits
C)Net interest
D)Rental
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