Author Question: Expenditures in GDP do not include A) used goods or financial assets. B) financial assets or ... (Read 153 times)

plus1 · **on:** Jun 29, 2018

Expenditures in GDP do not include

A) used goods or financial assets.
B) financial assets or investment.
C) used goods or investment.
D) investment, stocks, or bonds.
E) government expenditures on goods and services.

Question 2

Below is a student's answer to the question What is microeconomics? If you were the instructor, how would you correct the student's answer? Microeconomics is the study of how government influences the choices made by individuals and bus

and of the performance of the whole national economy.

nickk12214 · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

The answer is partially correct. Microeconomics is the study of the choices that individuals and businesses make, the way these choices interact in markets, and the influence of the government. But the performance of the national economy is the subject of macroeconomics, not microeconomics.