The amount of new output produced per year for both consumption and additions to capital stock is measured by
A) GDP.
B) net investment.
C) NDP.
D) net exports.
Correct Answer:
Verified
Q174: That portion of corporate profits which is
Q175: Nominal GDP has generally risen more rapidly
Q176: In year 1, nominal GDP for the
Q177: If real GDP in a year was
Q178: The GDP deflator or price index equals
A)gross
Q180: Nominal GDP is less than real GDP
Q181: The gross domestic product is not a
Q182: The value of a sale of a
Q183: GDP excludes most nonmarket transactions.Therefore, GDP tends
Q184: The "underground economy" is mostly made up
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