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Author Question: The expenditure approach to measuring GDP is done by using data on only A) consumption ... (Read 106 times)

appyboo

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on: Jun 29, 2018
The expenditure approach to measuring GDP is done by using data on only
 
  A) consumption expenditure.
  B) consumption expenditure and investment.
  C) consumption expenditure, investment, government expenditure on goods and services, and net exports of goods and services.
  D) consumption expenditure, investment, and government expenditures.
  E) wages, rent, interest, and profit.

Question 2

If there is a decrease in the price of the final good that an industry produces, the labor demand curve in the industry is likely to:
 
  A) shift to the left.
  B) shift to the right.
  C) become vertical.
  D) become horizontal.


Dnite

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

C

Answer to Question 2

A


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