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Author Question: Mistakenly adding the value of a good or service twice by counting the intermediate goods and ... (Read 155 times)

s.tung

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on: Jun 30, 2018
Mistakenly adding the value of a good or service twice by counting the intermediate goods and services in GDP is known as:
 a. value added.
 b. double counting.
  c. factor payments.
  d. net depreciation.

Question 2

The consumption function has a positive slope while the savings function has a negative slope.
 a. True
  b. False
  Indicate whether the statement is true or false


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shewald78

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

b

Answer to Question 2

False


s.tung

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Reply #2 on: Jun 30, 2018
Correct answers!


shewald78

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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