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Author Question: To construct GDP, exports: a. and imports must be subtracted. b. and imports must be included. c. ... (Read 37 times)

daltonest1984

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To construct GDP, exports:
 a. and imports must be subtracted.
  b. and imports must be included.
  c. must be included and imports must be ignored.
  d. must be included and imports must be subtracted.

Question 2

Your purchase of a Gucci purse made in Italy would be classified as:
 a. both c and d
  b. an investment good.
  c. a durable good.
  d. an import.
  e. an export.



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cupcake16

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Answer to Question 1

d

Answer to Question 2

d




daltonest1984

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


ttt030911

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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