« previous next »

Author Question: Which approach to calculating GDP is computed using compensation of employees, rental income, ... (Read 52 times)

nenivikky

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
Which approach to calculating GDP is computed using compensation of employees, rental income, profits, net interest, indirect business taxes, and depreciation?
 a. The expenditure approach.
  b. The income approach.
  c. The product-market approach.
  d. The circular-flow approach.

Question 2

The aggregate demand curve:
 a. would be little affected by a technological advancement.
  b. shifts to the right when spending decreases.
  c. shifts to the left when there is a decrease in taxes.
  d. cannot move independently of the aggregate supply curve.
  e. shifts to the right when there is an expectation that future income will fall.


xoxo123

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Examination of the Thyroid Gland, Posterior Approach Examination of the Thyroid Gland, Posterior Approach
Bronfenbrenner’s model of the ecological-systems approach to studying development. He suggested that Bronfenbrenner’s model of the ecological-systems approach to studying development. He suggested that
Part A - Calculating the expected number of each phenotype Part A - Calculating the expected number of each phenotype
Household Income in the United States by Quintiles, 2009 Household Income in the United States by Quintiles, 2009
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
Child Development: A Cultural Approach Child Development: A Cultural Approach
Video: Import of Dietary Glucose from Intestines to Bloodstream

For a complete list of videos, visit our video library