Gross domestic product is
A. NDP less changes in inventories.
B. NDP plus net exports.
C. NDP plus taxes.
D. NDP plus depreciation.
Answer: D
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Refer to the table above. If the opportunity cost of time increases to $60 per hour, renting which apartment will minimize Ryan's total cost every month?
A) 2 B) 3 C) 4 D) 5
The manager of a gas station noticed that when prices in the convenience store of the gas station decreased, gas sales increased. This could possibly be because the convenience store products are
a. usually complements to the gas sales b. usually substitutes to the gas sales c. usually unrelated to the gas sales d. none of the above
Stockholders normally obtain higher expected payments than bondholders because
a. they are required by law to obtain a higher return. b. they face higher risk. c. the profit share declared as stock dividends is not taxable. d. they vote themselves higher returns.
Identify the three components of aggregate expenditure aside from consumption, and briefly identify factors that influence them.
What will be an ideal response?