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Author Question: The difference between nominal GDP and real GDP is A) the indirect taxes used in their ... (Read 98 times)

cool

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on: Jun 29, 2018
The difference between nominal GDP and real GDP is
 
  A) the indirect taxes used in their calculations.
  B) the prices used in their calculations.
  C) that nominal GDP includes the depreciation of capital and real GDP does not.
  D) that nominal GDP includes net exports of goods and services and real GDP includes net imports.
  E) that real GDP includes the depreciation of capital and nominal GDP does not.

Question 2

In the figure above, suppose a subsidy is provided to private colleges. What amount of subsidy will ensure the efficient number of students?
 
  A) 10,000
  B) 25,000
  C) 15,000
  D) 5,000
  E) 20,000


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kingfahad97

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


cool

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Reply #2 on: Jun 29, 2018
Thank you


kingfahad97

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Reply #3 on: Jun 29, 2018
No problemo


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