In order to measure gross domestic product, we can follow A) ...

[jho37]

In order to measure gross domestic product, we can follow
 
  A) three approaches: the expenditure approach, the income approach, and the production approach.
  B) only one approach: the circular flow approach.
  C) two approaches: the expenditure approach and the income approach.
  D) only one approach: the national accounts approach.
  E) three approaches: the expenditure approach, the income approach, and the market-based approach.

Question 2

Refer to Scenario 12.1. Assume Jennifer gave up smoking for only one year and invested that money (2,190 ) at the 5 percent interest rate. How much would the investment be worth in 35 years?
 
  A) 2,300 B) 12,080 C) 32,445 D) 80,483

[leannegxo]

Answer to Question 1

C

Answer to Question 2

B

[jho37]

TYSM

[epscape]

Excellent