National Income Account

National Income Account - National Account ECON 104 How...

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    National Account ECON 104
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    How many measures of outputs are  presented in class? A. 5 B. 2 C. 3 D. 4
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    What are the measures of output  presented in class? A. GNN, GDP B. GDP, GNP C. GPD, GPP D. GDP, GPP
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    How many markets in the circular flow  model? A. 2: Mkt for G/S+Mkt FoP B. 3: Mkt for G/S+Mkt FoP+Exp. mkt C. 4: Mkt for G/S+Mkt FoP+Exp. mkt+Imp. mkt D. 1: Mkt for everything
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    What does GDP stand for? A. Great Depression Problem B. Gross Deceptive Product C. Gross Domestic Purchases D. Gross Domestic Products E. Great Domestic Problems
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    What is GDP? A. Total output produced within the border of a country by its legal citizens B. Total output produced within the border of a country C. Total output produced outside the border of a country D. Total output produced by its citizens living within and outside the border
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  What prices are used for calculating  GDP? A.
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This note was uploaded on 04/27/2009 for the course ECON 104 taught by Professor Shaffer during the Spring '08 term at Kansas.

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National Income Account - National Account ECON 104 How...

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