This topic contains a solution. Click here to go to the answer

Author Question: Refer to the scenario above. What is the nominal GDP of the economy in 2013? A) 55,000 B) 50,400 ... (Read 70 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
Refer to the scenario above. What is the nominal GDP of the economy in 2013?
 
  A) 55,000 B) 50,400 C) 47,000 D) 50,000

Question 2

Gross investment is
 
  A) the wear and tear on private investment.
  B) the total amount of new private investment purchases.
  C) what is left over from total new private investment after depreciation.
  D) the total amount of private investment purchases, whether new or previously existing.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nikmaaacs

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

B

Answer to Question 2

B




asan beg

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

For a complete list of videos, visit our video library