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Unformatted text preview: d. substract depreciation and indirect taxes * Question 3 (2.5 points) Which of the following will not be counted as investment in the na-tional accounts a. The building of a factory by GM (General Motors) b. An increase in GM raw materials inventory c. The addition of some equipment by GM d. The purchase of a share stock in GM by an employee of GM * Question 4 (2.5 points) GDP includes: a. the current production of all goods and services with in the econ-omy. b. All the intermediate and &nal goods and services produced c. All traded goods and services d. None of the above * 1...
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This note was uploaded on 06/16/2011 for the course ECON 420 taught by Professor Na during the Summer '11 term at University of North Carolina School of the Arts.
- Summer '11