The total value of all final goods and services produced by factors of production located within a nation's borders is
A. NI.
B. PI.
C. net investment.
D. GDP.
Answer: D
You might also like to view...
The 1981 economic recovery act ________ net investment according to ________
A) greatly increased; Barry Bosworth B) decreased; Barry Bosworth C) increased; Martin Feldstein D) decreased; Martin Feldstein
Imposing a quota on metal softball bats shipped into the United States would likely:
a. increase the price of the bats but decrease the total quantity of bats purchased in the United States. b. increase the price of the bats and the total quantity of bats purchased in the United States c. leave the price of the bats unchanged but decrease the quantity purchased in the United States. d. leave both the price of bats and the quantity purchased in the United States unchanged.
In the town of Gotham the adult population is 560 thousand, the number unemployed is 25 thousand, and 185 thousand are not in the labor force. Calculate the unemployment rate
When voting mechanisms substitute for the market mechanism in allocating resources, we are relying on
A. Public choice theory. B. Cost-benefit analysis. C. Ballot box economics. D. Opportunity cost analysis.