Author Question: Refer to the scenario above. What is the nominal GDP of the economy in 2013? A) 55,000 B) 50,400 ... (Read 23 times)

asan beg · **on:** Jun 30, 2018

Refer to the scenario above. What is the nominal GDP of the economy in 2013?

A) 55,000 B) 50,400 C) 47,000 D) 50,000

Question 2

Gross investment is

A) the wear and tear on private investment.
B) the total amount of new private investment purchases.
C) what is left over from total new private investment after depreciation.
D) the total amount of private investment purchases, whether new or previously existing.