« previous next »

Author Question: Which approach to calculating GDP is computed using compensation of employees, rental income, ... (Read 84 times)

nenivikky

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
Which approach to calculating GDP is computed using compensation of employees, rental income, profits, net interest, indirect business taxes, and depreciation?
 a. The expenditure approach.
  b. The income approach.
  c. The product-market approach.
  d. The circular-flow approach.

Question 2

The aggregate demand curve:
 a. would be little affected by a technological advancement.
  b. shifts to the right when spending decreases.
  c. shifts to the left when there is a decrease in taxes.
  d. cannot move independently of the aggregate supply curve.
  e. shifts to the right when there is an expectation that future income will fall.


xoxo123

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the
Distribution of the Income of Americans Distribution of the Income of Americans
Data for Calculating Productivity Growth in Erewhon Data for Calculating Productivity Growth in Erewhon
Nursing: A Concept-Based Approach to Learning, Volume II, 3rd Edition Nursing: A Concept-Based Approach to Learning, Volume II, 3rd Edition
Lone-parent household income and the degree of vulnerability Lone-parent household income and the degree of vulnerability
Math for Business and Finance: an Algebraic Approach, 3rd Edition Jeffrey Slater Math for Business and Finance: an Algebraic Approach, 3rd Edition Jeffrey Slater
Video: Type of Transport - Active and Passive Processes

For a complete list of videos, visit our video library