Which of the following leads to an understatement of total production?
A) The exclusion of work done by homemakers.
B) A decrease in the GST rate.
C) Government spending on an oil-spill clean-up.
D) The exclusion of intermediate goods.
Correct Answer:
Verified
Q101: Which of the following is true of
Q102: What is the result of investment?
A)Expanded production
Q103: In equilibrium,the value of production is equal
Q104: Which of the following is a stock
Q105: Assume that leakages exceed injections.Which of the
Q107: All of the following,except one,adjustments to national
Q108: What is always true if net investment
Q109: Which of the following is included by
Q110: What is true about aggregate expenditures?
A)It always
Q111: What would be the effect if one
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents