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Final goods and services are counted in GDP Select one: production and A transformed in, are not B. the ene product of, are not Cused up in the process: are D. the end product of die

Final goods and services are counted in GDP Select one: production and A transformed in, are not B. the ene product of, are not Cused up in the process: are D. the end product of die

ECON MACRO
ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter6: Tracking The U.s. Economy
Section: Chapter Questions
Problem 1.1P
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Final goods and services are counted in GDP A transformed in, are not B. the end product of, are not used up in the process of D. the end product of de Products that are in the process of production but are finished and sold by the end of the year are counted Select one: A a component of investment spending Ba component of government purchases Ca component of net expoyis Da component cf uniption spendin Select one: production and Given a four sector economy model, equilibrium income will be achieved when Select one: O A. I+G+M = S+T+X H+S=T+G S+T+M= I+G+X 1+T+M = S+G +X You are given the information of three sector economic model: C=300+ 0.8YD 1 = 100 G=200 T=50 What is the income equilibrium? Select one: 10 A. RM2000 B RM1000 QC RM2800 D. RM1800 OB. OC. O D.
Transcribed Image Text:Final goods and services are counted in GDP A transformed in, are not B. the end product of, are not used up in the process of D. the end product of de Products that are in the process of production but are finished and sold by the end of the year are counted Select one: A a component of investment spending Ba component of government purchases Ca component of net expoyis Da component cf uniption spendin Select one: production and Given a four sector economy model, equilibrium income will be achieved when Select one: O A. I+G+M = S+T+X H+S=T+G S+T+M= I+G+X 1+T+M = S+G +X You are given the information of three sector economic model: C=300+ 0.8YD 1 = 100 G=200 T=50 What is the income equilibrium? Select one: 10 A. RM2000 B RM1000 QC RM2800 D. RM1800 OB. OC. O D.
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