IHW4ANS - Ihw4 Question6 Single Correct A B C D 1.0 Point...

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Ihw4 Question6 - Single Correct 1.0 Point Which of the following items is included in GDP? A the sale of stocks and bonds B the sale of used goods C the sale of services such as those performed by a doctor D All of the above are included in GDP. NO FINANCIAL ASSETS (NOT CURRENT PRODUCTION), NO USED GOODS (SAME REASON – COUNT IN YEAR PRODUCED) Question9 - Single Correct 1.0 Point If chained (2000$) GDP increases it must mean that A prices increased B output increased C either prices or output increased or both D both prices and output increased E neither prices or output increased ANOTHER NAME FOR REAL GDP Question13 - Single Correct 1.0 Point Disposable personal income is the income that A households have left after paying taxes and non-tax payments to the government. B businesses have left after paying taxes and non-tax payments to the government. C households and noncorporate businesses have left after paying taxes and non-tax payments to the government. D households and businesses have left after paying taxes and non-tax payments to the government. **TRICK (SORRY)** NON-CORPORATE BUSINESSES ARE INCLUDED IN HOUSEHOLDS Question15 - Single Correct 1.0 Point The total sales of all firms in the economy for a year A equals GDP for the year. B is larger than GDP for the year. C is smaller than GDP for the year. D equals GNP for the year.
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TOTAL INCLUDES INTERMEDIATE TRANSACTIONS Question16 - Single Correct 1.0 Point If a friend offers to double you money in 2 years, then the annual compound rate of growth is approximately A 36% B 50% C 100% D 200% E depends on the amount of money inv 72/2=36% Question19 - Single Correct 1.0 Point Which government entity prepares the U.S. national income accounts? A the Federal Reserve System
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This document was uploaded on 10/31/2011 for the course 202 101 at Rutgers.

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IHW4ANS - Ihw4 Question6 Single Correct A B C D 1.0 Point...

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