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Author Question: Human capital includes investments in education and skills. Indicate whether the statement is ... (Read 40 times)

misspop

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on: Jun 30, 2018
Human capital includes investments in education and skills.
 
  Indicate whether the statement is true or false

Question 2

If consumption was 70 percent of GDP and investment and government expenditure were both 18 percent each, then we see that
 
  A) exports must be less than imports.
  B) exports must be more than imports.
  C) the error is due to rounding.
  D) we must subtract depreciation from investment so that the components of GDP do not exceed 100 percent.
  E) GDP can be over 100 percent because it is gross rather than net.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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mmpiza

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Reply #1 on: Jun 30, 2018
Answer to Question 1

TRUE

Answer to Question 2

A


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