Author Question: Which of the following is included in GDP? a. a U.S. company purchasing stock of a foreign company ... (Read 147 times)

jenna1 · **on:** Jun 30, 2018

Which of the following is included in GDP?
a. a U.S. company purchasing stock of a foreign company
b. a foreign company purchasing stock of a U.S. company
c. a U.S. company purchasing stock of another U.S. company
d. None of the above.

Question 2

The steeper the slope of the aggregate supply curve in the long run indicates that an increase in aggregate demand will cause an increase in the price level and an even greater increase in output in the long run.
a. True
b. False
Indicate whether the statement is true or false