The reason that only final sales are counted in GDP is
A. to not count production in other countries.
B. to avoid double counting goods that are sold so as to be resold.
C. because the government can't get records on intermediate sales.
D. to simplify the computation and no other reason.
Answer: B
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a. True b. False Indicate whether the statement is true or false
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A. indicates that mutual fund managers will not, on average, outperform market averages. B. makes it easier to predict the movements in the price of a stock. C. says stock prices should be more rigid than they are. D. makes the risk of holding stocks greater.
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A. make Britain's exports less expensive and her imports more expensive. B. make Britain's exports more expensive and her imports less expensive. C. make Britain's exports and imports both more expensive. D. make Britain's exports and imports both less expensive.
The "Buy American" policy is equivalent to a(n):
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