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Increases in the real per capita income of a country are most closely associated with increases in which of the following?
changes in prices.
Productivity
reduces the value of money.
$12 billion.
only cyclical unemployment is zero.
Government purchase of a new submarine
tires purchased from Goodyear by General Motors for newly produced electric cars
The country’s annual depreciation is greater than its annual gross investment.
Which of the following would be included in the calcualtion of gross domestic product?
changes in prices.
Productivity
reduces the value of money.
$12 billion.
only cyclical unemployment is zero.
Government purchase of a new submarine
tires purchased from Goodyear by General Motors for newly produced electric cars
The country’s annual depreciation is greater than its annual gross investment.
Unanticipated inflation:
changes in prices.
Productivity
reduces the value of money.
$12 billion.
only cyclical unemployment is zero.
Government purchase of a new submarine
tires purchased from Goodyear by General Motors for newly produced electric cars
The country’s annual depreciation is greater than its annual gross investment.
If during 2005, the country of Sildavia recorded investment spending for $3 billion, government purchases for $3 billion, consumer spending for $7 billion, imports for $5 billion, government transfers for $1 billion, and exports for $3 billion. Silda
changes in prices.
Productivity
reduces the value of money.
$12 billion.
only cyclical unemployment is zero.
Government purchase of a new submarine
tires purchased from Goodyear by General Motors for newly produced electric cars
The country’s annual depreciation is greater than its annual gross investment.
Which of the following would be an example of an intermediate good?
changes in prices.
Productivity
reduces the value of money.
$12 billion.
only cyclical unemployment is zero.
Government purchase of a new submarine
tires purchased from Goodyear by General Motors for newly produced electric cars
The country’s annual depreciation is greater than its annual gross investment.
Real GDP is nominal GDP adjusted for:
changes in prices.
Productivity
reduces the value of money.
$12 billion.
only cyclical unemployment is zero.
Government purchase of a new submarine
tires purchased from Goodyear by General Motors for newly produced electric cars
The country’s annual depreciation is greater than its annual gross investment.
Potential gross domestic product will decrease under which of the following conditions?
changes in prices.
Productivity
reduces the value of money.
$12 billion.
only cyclical unemployment is zero.
Government purchase of a new submarine
tires purchased from Goodyear by General Motors for newly produced electric cars
The country’s annual depreciation is greater than its annual gross investment.
When the economy is in full employment,
changes in prices.
Productivity
reduces the value of money.
$12 billion.
only cyclical unemployment is zero.
Government purchase of a new submarine
tires purchased from Goodyear by General Motors for newly produced electric cars
The country’s annual depreciation is greater than its annual gross investment.
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