Info
Warning
Danger
/ Homework Answers / Economics / 81) C + net I + G + X equals A)

Question

 

81) C + net I + G + X equals

A) GDP.

B) DPI.

C) NDP.

D) PI.

82) If imports are $100 million less than exports, government spending is $500 million, consumer expenditures are $1 billion, and investment spending is $500 million, then GDP is

A) $1 billion.

B) $1.9 billion.

C) $2 billion.

D) $2.1 billion.

83) If consumption expenditures are $500 million, spending on fixed investment is $100 million, the increase in inventories equals $5 million, imports are $50 million, exports are $55 million, government spending on goods and services is $200 million, than GDP is

A) $790 million.

B) $800 million.

C) $810 million.

D) $830 million.

84) Gross domestic product is

A) NDP plus net exports.

B) NDP plus taxes.

C) NDP plus depreciation.

D) NDP less changes in inventories.

85) Net investment refers to

A) the change in the capital stock after subtracting out depreciation.

B) the change in inventories over a 1-year period.

C) the change in investment spending and the change in government expenditures on infrastructure.

D) exports minus imports.

86) If consumption expenditures are $100 million, net investment is $50 million, imports are $20 million, exports are $10 million, government spending on goods and services is $40 million, Social Security spending is $15 million, and sales of existing homes equals $40 million, then what is the measure of GDP?

A) GDP = $225 million

B) GDP = $180 million

C) GDP = $295 million

D) GDP = $195 million

87) The components of GDP using the income method (excluding indirect business taxes and depreciation) are

A) consumption expenditures, investment expenditures, and government expenditures.

B) consumption expenditures, investment expenditures, government expenditures, and net exports.

C) wages and interest.

D) wages, interest, rents, and profits.

88) All of the following are included in the calculation of gross domestic income (GDI) EXCEPT

A) consumer expenditures.

B) wages.

C) profits.

D) indirect business taxes.

89) Excluding indirect business taxes and depreciation, Gross Domestic Income (GDI)

A) is the sum of all income paid to the factors of production.

B) never equals GDP.

C) would equal GDP if there was no depreciation.

D) cannot be computed.

90) Which of the following statements is true?

A) GDP = NDP

B) GDP = NI

C) GDP = GDI

D) GDP = PI

 

Solution
5 (1 Ratings )

Solved
Economics 8 Months Ago 5 Views
This Question has Been Answered!
Premium Content -

Welcome Back!

ScholarOn has more then 20 Million answers, flashcards & more being added everyday!

or
Forgot?
Login
Don't have an account? Signup

Join ScholarOn

ScholarOn has more then 20 Million answers, flashcards & more being added everyday!

or
Signup
By registering, I agree to the Terms and Privacy Policies
Already have an account? Log in

Verify Your Email

Check your inbox & click on the link to activate your account.

Resend Email
Verification Mail Send Successfully. Please Check Your Email.

Forgot Password

Please enter your registered email to recieve the password reset link.

Send reset link
Already have an account? Log in
Did you know?

ScholarOn has more than 2 Million+ answers, textbook solutions & flashcards. Explore Now!

Let us boost your grade together!

Get 24/7 homework help from Experts

Let our knowledge be your backup

1

Submit your homework question or assignment

2

Receive a quote & Make the Payment

3

Sit Back & Relax to Earn Better Grades!

Drag files here or Browse your Device

Maximum file size 10MB
17,475 Accounting Questions Answered! Get Answer

We are The Best Because

  • On Time Delivery
  • Plagiarism ReportFree
  • Unlimited RevisionsFree
  • 100% Privacy & Confidential
  • 24/7 Live Chat Support
4.9 (16893 Ratings)
You can communicate directly with your expert until the solution quality is delivered to your complete satisfaction.
Looking for writing help?
Did you know?

ScholarOn has more than 2 Million+ answers, textbook solutions & flashcards. Explore Now!