If NDP is $50 less than GDP,we know that
A) inventories increased over the year.
B) inventories decreased over the year.
C) net investment equals $50.
D) depreciation equals $50.
Correct Answer:
Verified
Q70: Suppose gross domestic product is $5 billion,government
Q73: Adjusting nominal GDP for price changes from
Q76: The difference between personal income and disposable
Q77: If deflation is occurring and nominal GDP
Q79: The total factor payments to all resource
Q80: Constant dollar GDP
A)is the same as nominal
Q281: The amount of income received by households
Q305: Disposable personal income is found by taking
A)
Q344: The difference between nominal and real values
Q354: When economists discuss the nominal value of
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