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Author Question: Which of the following expressions equals GDP? A) compensation of employees + consumption + ... (Read 70 times)

vicotolentino

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on: Jun 29, 2018
Which of the following expressions equals GDP?
 
  A) compensation of employees + consumption + depreciation + net investment
  B) compensation of employees + net interest + rental income + depreciation + corporate profits + proprietors' income + indirect taxes - subsidies
  C) compensation of employees + net exports + depreciation + corporate profits
  D) compensation of employees + gross investment + rental income + depreciation + corporate profits + indirect taxes - subsidies

Question 2

The analysis of the behavior of individual decision-making units is the definition of
 
  A) microeconomics.
  B) positive economics.
  C) macroeconomics.
  D) normative economics.


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meltdown117

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


vicotolentino

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Reply #2 on: Jun 29, 2018
Correct answers!


meltdown117

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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