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Author Question: National income: a. is included in gross private domestic investment. b. includes the sum of all ... (Read 85 times)

EAugust

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on: Jun 30, 2018
National income:
 a. is included in gross private domestic investment.
  b. includes the sum of all payments made to resource owners for the use of their resources.
  c. includes depreciation.
  d. is often measured as C + I + G + (X  M).

Question 2

The net exports effect exists because a:
 a. higher price level will reduce interest rates and stimulate foreign investment.
  b. lower price level will make domestically produced exports less expensive relative to foreign goods.
  c. higher price level will reduce the purchasing power of money.
  d. lower price level will encourage Americans to import more foreign goods.


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chjcharjto14

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

b

Answer to Question 2

b


EAugust

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

mcabuhat

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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