If Net Domestic Product (NDP) is $50 less than Gross Domestic Product (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
Q180: Which of the following is part of
Q181: A decrease in U.S. income earned abroad
Q182: Which of the following is included in
Q183: Inventory investment occurs when
A) grocers sell stocks
Q184: Because of improved productivity, wages increase 10
Q186: If all other factors are held constant,
Q187: Depreciation is
A) added to Gross Domestic Product
Q188: An example of an increase in gross
Q189: The components of the expenditure approach to
Q190: If Gross Domestic Product (GDP) equals $1
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