A) investment.
B) government spending.
C) consumption of services.
D) consumption of durable goods.
Correct Answer
verified
Multiple Choice
A) U.S.investment,GDP,and GNP all increase by the same amount.
B) U.S.investment increases,but GDP and GNP are unaffected by the purchase.
C) U.S.investment and GDP increase by the same amount,but U.S.GNP increases by a smaller amount.
D) U.S.investment and GNP increase by the same amount,but U.S.GDP increases by a smaller amount.
Correct Answer
verified
Multiple Choice
A) When she babysits for her sister and when she babysits for someone else.
B) When she babysits for her sister,but not when she babysits for someone else.
C) When she babysits for someone else,but not when she babysits for her sister.
D) Neither when she babysits for her sister nor for someone else.
Correct Answer
verified
Multiple Choice
A) Unemployment rate rises from 5 percent to 5.5 percent.
B) Real GDP grows by 3.1 percent in the third quarter.
C) Retail sales at stores show large gains.
D) The price of oranges rises after an early frost.
Correct Answer
verified
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