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Author Question: Refer to the scenario above. What is the nominal GDP of the economy in 2013? A) 55,000 B) 50,400 ... (Read 45 times)

asan beg

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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.


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nikmaaacs

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


asan beg

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

triiciiaa

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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