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QUESTION 45 Which of the following is an example of investment, as a component of GDP?...
1. Which of the following is NOT included in U.S. GDP? Multiple Choice toys produced by...
1. Which of the following is NOT included in U.S. GDP? Multiple Choice toys produced by a U.S. firm located in China beer brewed in Colorado and purchased by a German tourist a car made by a Japanese auto producer in Kansas Incorrect corn grown in Iowa and exported to Africa 2. Which of the following is an example of investment, as a component of GDP? Multiple Choice the purchase of a truck by a delivery company the purchase of...
QUESTION 19 Which of the following is included in the investment component of GDP? a. purchase...
QUESTION 19 Which of the following is included in the investment component of GDP? a. purchase of a house by Maya which was build in 2017. b. the market value of semi finished goods. O production by an American company outside the U.S. Od market value of the finished goods which are not yet sold QUESTION 20 Table Canada and Germany Production Opportunities Juice (in millions of gallons) Butter (in millions of lbs.) Canada 32 Germany Refer to Table: Germany...
QUESTION 15 Which component of the GDP does the following transaction belong to? Delaware pays for...
QUESTION 15 Which component of the GDP does the following transaction belong to? Delaware pays for new road construction. A. Consumption B. Investment C. Government Expenditures D. Net Exports C. Government Expenditures D. Net Exports QUESTION 16 Which component of the GDP does the following transaction belong to? A family buys a large pizza, breadsticks, and soda from a local pizzeria. A. Consumption B. Investment C. Government Expenditures D. Net Exports QUESTION 17 Which component of the GDP does the...
QUESTION 24 Which component is the smallest part of U.S. GDP? A. personal consumption expenditures. B....
QUESTION 24 Which component is the smallest part of U.S. GDP? A. personal consumption expenditures. B. gross private domestic investment. C. government purchases of goods and services. D.net exports. QUESTION 25 If the GDP is 17,500 in 2014, investment is $3,000, government purchases total $3,000, Exports are $2300 and Imports are 2,800, then Consumption should equal: A. $11,600 B. $12,000 C. $15,000 D.$14,000 QUESTION 26 If the producers of cotton shirts face higher cotton prices, which of the following is...
Which of the following is NOT true about gross domestic product (GDP)? a. It includes only...
Which of the following is NOT true about gross domestic product (GDP)? a. It includes only final goods and services. b. The values are measured in current dollars c. Intermediate goods and services are excluded to prevent double counting. d. It includes the value of transfer payments. The gross domestic product (GDP) excludes: a. the value of intermediate goods produced. b. the spending by government on new roads and bridges. c. household spending on goods and services. d. the increase...
answer all QUESTION 19 Which statement about US private domestic investment is INCORRECT? It includes the...
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QUESTION 19 Which statement about US private domestic investment is INCORRECT? It includes the purchase of machinery by foreign businesses. It does not include investments by the government. It includes the production of new software. It includes new residential construction. Refer to the below graph. At a price level of 116 116 110 105 1,0002,000 3,100 Real GDP (billions of dollars per year) inventories would fall. firms will have to raise their prices. aggregate quantity demanded will exceed...
Exhibit 9, Bushels demanded per month 50 Price per bushel S5 60 65 70 Bushels supplied...
Exhibit 9, Bushels demanded per month 50 Price per bushel S5 60 65 70 Bushels supplied per month 80 75 70 65 42-Which ot the following would occur if the government set a price ceiling of S1 in the market shown in Exhibit 9? a. There would be a shortage of apricots. b. Buyers would not want to purchase all of the apricots that are supplied. c. There would be a surplus of apricots d. Farmers would reduce the number...
Which is the largest component of U.S. GDP? O a. government purchases b.imports c. consumption d....
Which is the largest component of U.S. GDP? O a. government purchases b.imports c. consumption d. investment е. exports QUESTION 7 Which of the following represents the largest share of U.S. GDP? a. the production of physical goods b. the production of manufactured goods c. services d. the production of capital goods e. agricultural production During a recession, fewer individuals fly across the country for vacations. As a result, many pilots and flight attendants lose their jobs. These individuals would...
Question 25 (2.5 points) Which of the following would cause a downward shift in the consumption...
Question 25 (2.5 points) Which of the following would cause a downward shift in the consumption function? a tax decrease an increase in wealth a stock market crash a decrease in the price level expectations of higher future income Question 26 (2.5 points) According to supply-side economists, the by curve will shift to the caused AD; right; more investment AD; left; more saving AS; right; more investment AS; left; more saving money supply; right; lower interest rates Question 28 (2.5...
THERE ARE 20 total QUESTIONS PLEASE ANSWER ALL OF THEM QUESTION 1 One way to reduce the recessio...
THERE ARE 20 total QUESTIONS PLEASE ANSWER ALL OF THEM
QUESTION 1 One way to reduce the recessionary gap through fiscal policy is to O increase government purchases. increase taxes. O decrease transfer payments. decrease the MPC QUESTION 2 Which of the following is true of open-market operations? It involves the purchase and sale of government securities by the central bank. O it involves the purchase and sale of stocks and bonds by private banks. It involves measures taken by...
QUESTION 19 Which of the following is included in the investment component of GDP? a. purchase of a house by Maya which was build in 2017. b. the market value of semi finished goods. O production by an American company outside the U.S. Od market value of the finished goods which are not yet sold QUESTION 20 Table Canada and Germany Production Opportunities Juice (in millions of gallons) Butter (in millions of lbs.) Canada 32 Germany Refer to Table: Germany...
QUESTION 15 Which component of the GDP does the following transaction belong to? Delaware pays for new road construction. A. Consumption B. Investment C. Government Expenditures D. Net Exports C. Government Expenditures D. Net Exports QUESTION 16 Which component of the GDP does the following transaction belong to? A family buys a large pizza, breadsticks, and soda from a local pizzeria. A. Consumption B. Investment C. Government Expenditures D. Net Exports QUESTION 17 Which component of the GDP does the...
QUESTION 24 Which component is the smallest part of U.S. GDP? A. personal consumption expenditures. B. gross private domestic investment. C. government purchases of goods and services. D.net exports. QUESTION 25 If the GDP is 17,500 in 2014, investment is $3,000, government purchases total $3,000, Exports are $2300 and Imports are 2,800, then Consumption should equal: A. $11,600 B. $12,000 C. $15,000 D.$14,000 QUESTION 26 If the producers of cotton shirts face higher cotton prices, which of the following is...
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QUESTION 19 Which statement about US private domestic investment is INCORRECT? It includes the purchase of machinery by foreign businesses. It does not include investments by the government. It includes the production of new software. It includes new residential construction. Refer to the below graph. At a price level of 116 116 110 105 1,0002,000 3,100 Real GDP (billions of dollars per year) inventories would fall. firms will have to raise their prices. aggregate quantity demanded will exceed...
Exhibit 9, Bushels demanded per month 50 Price per bushel S5 60 65 70 Bushels supplied per month 80 75 70 65 42-Which ot the following would occur if the government set a price ceiling of S1 in the market shown in Exhibit 9? a. There would be a shortage of apricots. b. Buyers would not want to purchase all of the apricots that are supplied. c. There would be a surplus of apricots d. Farmers would reduce the number...
Which is the largest component of U.S. GDP? O a. government purchases b.imports c. consumption d. investment е. exports QUESTION 7 Which of the following represents the largest share of U.S. GDP? a. the production of physical goods b. the production of manufactured goods c. services d. the production of capital goods e. agricultural production During a recession, fewer individuals fly across the country for vacations. As a result, many pilots and flight attendants lose their jobs. These individuals would...
Question 25 (2.5 points) Which of the following would cause a downward shift in the consumption function? a tax decrease an increase in wealth a stock market crash a decrease in the price level expectations of higher future income Question 26 (2.5 points) According to supply-side economists, the by curve will shift to the caused AD; right; more investment AD; left; more saving AS; right; more investment AS; left; more saving money supply; right; lower interest rates Question 28 (2.5...
THERE ARE 20 total QUESTIONS PLEASE ANSWER ALL OF THEM
QUESTION 1 One way to reduce the recessionary gap through fiscal policy is to O increase government purchases. increase taxes. O decrease transfer payments. decrease the MPC QUESTION 2 Which of the following is true of open-market operations? It involves the purchase and sale of government securities by the central bank. O it involves the purchase and sale of stocks and bonds by private banks. It involves measures taken by...
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