Which of the following would be an invalid measure of nominal GDP?
A) wages + interest payments + corporate profits + rent
B) consumption + investment + government purchases + exports - imports
C) the cost of resources + the value added by intermediate industries + the value added by retailers
D) coins + currency + bank account balances
E) all of the above
Correct Answer:
Verified
Q2: Firms' unsold inventory
A) is not counted in
Q3: The most fundamental measure of an economy's
Q4: The next questions refer to the following
Q5: The largest component of U.S.GDP is
A) the
Q6: United States GDP in constant dollars refers
Q7: Which of the following are included in
Q8: The next questions refer to the following
Q9: Real GDP is a better measure of
Q10: If a U.S.-owned manufacturing firm closes its
Q11: The next questions refer to the following
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