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To avoid multiple counting in national income accounts, only:
Is excluded from GDP figures
Too much money chasing too few goods
Excluded
-$84 billion
Investment
Employment and output increase
Frictional unemployment
Final goods and services should be counted.
In the expansion phase of a business cycle:
Is excluded from GDP figures
Too much money chasing too few goods
Excluded
-$84 billion
Investment
Employment and output increase
Frictional unemployment
Final goods and services should be counted.
Money spent on the purchase of a new house is included in the GDP as a part of:
Is excluded from GDP figures
Too much money chasing too few goods
Excluded
-$84 billion
Investment
Employment and output increase
Frictional unemployment
Final goods and services should be counted.
A statement that is often used to describe demand-pull inflation is:
Is excluded from GDP figures
Too much money chasing too few goods
Excluded
-$84 billion
Investment
Employment and output increase
Frictional unemployment
Final goods and services should be counted.
GDP in an economy is $11,050 billion. Consumer expenditures are $7,735 billion, government purchases are $1,989 billion, and gross investment is $1,410 billion. Net exports are:
Is excluded from GDP figures
Too much money chasing too few goods
Excluded
-$84 billion
Investment
Employment and output increase
Frictional unemployment
Final goods and services should be counted.
Search and wait unemployment is another way to describe:
Is excluded from GDP figures
Too much money chasing too few goods
Excluded
-$84 billion
Investment
Employment and output increase
Frictional unemployment
Final goods and services should be counted.
In calculating the unemployment rate, discouraged workers who are not actively seeking employment are:
Is excluded from GDP figures
Too much money chasing too few goods
Excluded
-$84 billion
Investment
Employment and output increase
Frictional unemployment
Final goods and services should be counted.
Gordon James is a person who sells narcotics on the street. This type of illegal activity:
Is excluded from GDP figures
Too much money chasing too few goods
Excluded
-$84 billion
Investment
Employment and output increase
Frictional unemployment
Final goods and services should be counted.
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