In 2011, U.S. GDP totaled approximately:
A) $2.1 trillion
B) $2.8 trillion
C) $10.7 trillion
D) $15.0 trillion
Correct Answer:
Verified
Q84: Mistakenly adding the value of a good
Q85: Depreciation is:
A)income earned but not received.
B)an allowance
Q86: If the GDP deflator increases from one
Q87: If real GDP increased by 2% and
Q88: If real GDP increased by 2% and
Q90: Which of the following is true about
Q91: If nominal GDP increased from $5,000 billion
Q92: Household income after taxes is called:
A)national income.
B)gross
Q93: If real GDP increased by 2% and
Q94: Real GDP is:
A)the base year market value
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