Diffrence between Real and Nominal GDP is

GDP is market value of all the final goods

When comparing nation's economic position with other one should see its

Verticle intercept of consumption function indicates

In the consumption function c=a+by

In Keynesian Framework Income is measured along

If investment is exogenous to the Income determination model it can be shown as

In a closed economy GDP equals

Which of the following is a central issue in macroeconomics?

Which of the following is NOT an issue in macroeconomics?

In studying growth theory

In the very long run

The position of the long-run AS-curve is determined by

Potential GDP is

Increases in the rate of inflation

What is the difference between GDP and GNP?

Which of the following transactions has no direct effect on this year's GDP?

Assume a German tourist buys a Mexican beer in a pub in Houston. How will the U.S. GDP be affected?

Real GDP per capita is defined as

Depreciation is

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