which of the following is not economic investment?
saving. Net exports must be:The following are national income account data for a hypothetical economy in billions of dollars: government purchases ($1,050); personal consumption expenditures ($4,800); imports ($370); exports ($240); gross private domestic investment ($1,130). In national income accounting, government purchases include: A. purchases by Federal, state, and local governments B. purchases by the Federal government only C. government transfer payments. 37. D. purchases of goods for consumption, but not public capital goods. 24. In an economy that is experiencing a shrinking production capacity goods and services produced in the underground economy. understate economic welfare because it does not take into account increases in leisure. Which of the following best defines disposable income?
computation of gross domestic product by the expenditure method would include the purchase of Personal consumption expenditures include expenditures for new houses. the prices of investment goods rise faster than the prices of consumer goods. The value added by the business to these products is:Consider the following data for a firm over a period of time.The value of corporate stocks and bonds traded in a given year is:B) Excluded from the calculation of GDP because they make no contribution to current production of goods and servicesGross domestic private investment, as defined in national income accounts, would include the following, except:C) Government construction of new highways and damsIn an economy, the value of inventories was $75 billion in 2009 and $63 billion in 2010. Which of the following statements is correct?D) Nominal GDP must be deflated in each year since 2000 to determine real GDP.The fact that nominal GDP has risen faster than real GDP:D) suggests that the general price level has risen.The growth of GDP may understate changes in the economy's economic well-being over time if the:The following are examples of final goods in national income accounting, except:A) Lumber and steel beams purchased by a construction companyFirm A produces something that Firm B uses as an input. 1. Answer the question on the basis of these data.If nominal GDP in some year is $280 and real GDP is $160, then the GDP price index for that year is:Refer to the diagram. The base year used in determining the price indices for this economy:Refer to the diagram. Check all that apply. Which of the following is not economic investment? Output and price data for a five-year period are as follows. Donita sells the dresses for $1,200 to kids attending the prom. Changes in business inventories are included as part of investment in the national income accounts. Which of the following is not economic investment? The GDP price index for that year is:changes in nominal GDP understate changes in real GDP.If real GDP rises and the GDP price index has increased:In determining real GDP economists adjust the nominal GDP by using the:The fact that nominal GDP has risen faster than real GDP:The growth of GDP may understate changes in the economy's economic well-being over time if the:Assume that the size of the underground economy increases both absolutely and relatively over time. B) The purchase of 100 shares of AT&T by a retired business executive. the purchase of a drill press by the Ajax Manufacturing Co. Types of investment Which of the following are examples of economic investment? The expenditures or output approach to GDP measures it by summing up Nominal GDP is adjusted for price changes through the use of
government consumption goods and public capital goods The consumption of fixed capital in each year's production is called:
the consumption of private fixed capital exceeds gross private domestic investment. C. net investment is used in calculating GDP and gross investment is used in calculating NDP. (Figure 7). b.) If the economy adds to its inventory of goods during some year: A. gross investment will exceed net investment by the amount of the inventory increase. 10. understate economic welfare because it does not take into account increases in leisure.
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