Which of the following is always considered part of GDP? A. incomplete goods B. government purchases C. government social security D. government expenditures
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- Income statememt?Which of the following is a tool that is used by the central bank to control the quantity of money? *a. gdpb. excess reservec. open market operationsd. government expenditure multiplierCompare and contrast Measuring GDP using the Income Approach vs Measuring GDP using the Expenditure Approach.
- Aggregate expenditure is the sum of a. spending by households, firms, government, and foreigners on final goods and services b. all types of spending by households c. spending and savings by households d. spending by households and governments on final goods and servicesDefinition of income measurement?Is illegal activity included in GDP?
- A debt – to income ratio can easily be calculated be from a what kind of statement? Investment Budget Bank Tax Net worthMoney measurement conceptList and describe the components of Gross Domestic Product on the demand side. Be sure to account for the relative size of each component within the total GDP.
