The difference between nominal GDP and real GDP is A) the ...

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The difference between nominal GDP and real GDP is
 
  A) the indirect taxes used in their calculations.
  B) the prices used in their calculations.
  C) that nominal GDP includes the depreciation of capital and real GDP does not.
  D) that nominal GDP includes net exports of goods and services and real GDP includes net imports.
  E) that real GDP includes the depreciation of capital and nominal GDP does not.

Question 2

In the figure above, suppose a subsidy is provided to private colleges. What amount of subsidy will ensure the efficient number of students?
 
  A) 10,000
  B) 25,000
  C) 15,000
  D) 5,000
  E) 20,000

[kingfahad97]

Answer to Question 1

B

Answer to Question 2

C

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Thank you

[kingfahad97]

No problemo