Gross residential Product (GDP) is:a. The amount of every currency and also coins in circulationb. The value of all final goods and services created by a governmentc. The value of all last goods and services produced anywhere in the world by a nation"s firmsd. The worth of all final goods and services created domestically


You are watching: The demand measure of gdp accounting adds together

The need measure that GDP accounting adds together:a. Wages and also salaries, rent, interest, and profitb. Consumption, investment, government purchases, and also trade balancec. Consumption, government purchases, wages and also salaries, and trade balanced. Consumption, interest, federal government purchases, and also trade balance
Gross residential Product amounts to $1.2 trillion. If consumption equals $690 billion, investment amounts to $200 billion, and also government spending equates to $260 billion, then:a. Exports exceed imports by $50 billionb. Imports exceed exports through $50 billionc. Imports exceed exports through $150 billiond. Exports exceed imports by $150 billion
In order to avoid dual counting, statisticians simply count the ___________.a. Last goods and also servicesb. Final inventoriesc. Intermediary goods and servicesd. Durable goods and non-durable goods
_____________ is around two-thirds that the need side of GDP, however it moves relatively little end time.a. Governmentb. Investmentc. Servicesd. Consumption
What was the approximate us GDP in 2016, in present dollars?a. $185 billionb. $1.85 trillionc. $18.5 trilliond. $185 trillion
Investment (I) includesa. The amount invested on brand-new factories and machineryb. The amount invested on stocks and bondsc. The amount spent on customer goods that last more than one yeard. The amount invested on to buy of art
A company cycle reflects transforms in financial activity, an especially real GDP. The sequential step of a service cycle are:a. Trough, expansion, recession, peakb. Contraction, recession, expansion, boomc. Expansion, trough, recession, peakd. Expansion, peak, recession, trough
Which of the adhering to is true?a. The time of business fluctuations is regular and also therefore easily predictableb. A depression is a recession that is soft and fairly briefc. The expansions and also contractions of real world business cycles last varying lengths that time and often differ in magnituded. Throughout the contractionary step of the business cycle, the price of joblessness is generally quite low
c. The expansions and also contractions of actual world service cycles last differing lengths of time and often different in magnitude
The nominal value of any economic statistic refers to the number the is actually announced at that time, if the ___________ refers to the statistic ~ it has been changed for inflationa. Empirical valueb. Readjusted valuec. Actual valued. Net value
})}else;window.location.assign("https://brickandmortarphilly.com/explanations/textbook-solutions/essentials-of-investments-7th-edition-9780073405179");">
*

})}else;window.location.assign("https://brickandmortarphilly.com/explanations/textbook-solutions/essentials-of-investments-9th-edition-9780078034695");">
*

})}else;window.location.assign("https://brickandmortarphilly.com/explanations/textbook-solutions/contemporary-economics-9780538437004");">

})}else;window.location.assign("https://brickandmortarphilly.com/explanations/textbook-solutions/krugmans-economics-for-ap-2nd-edition-9781464122187");">


See more: Mean Dads For A Better America, '' Wants To Make Fatherhood Great Again

*