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Author Question: Which of the following is NOT a component of gross domestic product? A) purchases by consumers of ... (Read 50 times)

Mollykgkg

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on: Jun 30, 2018
Which of the following is NOT a component of gross domestic product?
 
  A) purchases by consumers of used goods B) government purchases
  C) net exports D) purchases by consumers of finished goods

Question 2

Consider the above figure. If the aggregate demand curve rose from AD1 to AD3, our nation would be experiencing
 
  A) falling prices. B) an inflationary ga
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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kusterl

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

A

Answer to Question 2

B


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