National income accountants compare the market value of the total outputs in various years rather than actual physical volumes of production because: 2. Comparing market values over time has the
1. National income accountants compare the market value of the total outputs in various years rather than actual physical volumes of production because
A. the percentages could never be the same.
B. there is better information on the market value than the output level.
C. it is impossible to add two different goods, say, oranges and computers.
D. only information on the market values is available.
2. Comparing market values over time has the
A. benefit of providing information for trend analysis.
B. advantage that prices change over time.
C. disadvantage that prices change over time.
D. simplicity of a single measure.
1. Ans: C. it is impossible to add two different goods, say, oranges and computers.
2. Ans: C. disadvantage that prices change over time.
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