The expenditure approach to GDP accounting includes

a. wages and salaries
b. net exports
c. net interest
d. corporate profit
e. proprietors' income


B

Economics

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Which line in the figure shows a more elastic supply for euros?

A) Line S B) Line S' C) There elasticities are the same. D) This cannot be determined from the graph.

Economics

Stock options for corporate managers plays a part in handling the conflict between management and __________ in __________-oriented financial systems

A) bankers; markets B) bankers; banking C) stockholders; markets D) stockholders; banking

Economics

In 2003, federal government expenditures as a percentage of GDP were around _____

a. 10 percent b. 20 percent c. 30 percent d. 40 percent

Economics

When the economy is experiencing inflation, an economist who follows the functional finance theorem is most likely to suggest that the government should:

A. run a balanced budget. B. run a deficit. C. do nothing. D. run a surplus.

Economics