This topic contains a solution. Click here to go to the answer

Author Question: Refer to the scenario above. What is the nominal GDP of the economy in 2013? A) 55,000 B) 50,400 ... (Read 62 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nikmaaacs

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

B

Answer to Question 2

B




asan beg

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

For a complete list of videos, visit our video library