Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please be organized and I just need the answers in 30 min no explanation needed 1:01 0 e Q * 0 5G UC .Ill 61%

please be organized and I just need the answers in 30 min no explanation needed

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
1:01 0 e Q * 0 5G UC .Ill 61% Home Take Test: QUIZ ONE Question Completion Status: Question 1 of 15 > > A Moving to another question will save this response. 2 points Save Answer In an economy, Real GDP for year 2010 (base year = 2001) is $400 billion and the GDP deflator 2010 (base year = 2001) is 110. Calculate the Nominal GDP for 2010. $280 billion $440 billion $4400 billion O $510 billion Question 1 of 15 > > A Moving to another auction will coun this III O1:01 a g! 5 I: a: 9 SGUC..|I| 61%. X 3 Take Test: QUIZ ONE... Take Test: QUIZ ONE Question Completion Status: > A Moving to another question will save this response. 2 points Save Answer The sale of illegal drugs: Is included in GDP under services. O Is included in GDP under investment. Is included in GDP as a component of home production (non-market activity). Is not included in GDP. O1:01 G g! E! 'e' w: o soucm 61%- X 5 Take Test: QUIZ ONE... Take Test: QUIZ ONE Question Completion Status: Question 6 2 points Save Answer O Use the table 1.1 above to calculate GDP. Table 1.1 billions of dollars Consumption 4,900 Investment 1,300'II' \\'E 9 56 UC .ll" 60%- U) G) Take Test: QUIZ ONE > A Moving to another question will save this response. 2 points Save Answer Which of the following is true regarding the national income accounts? O GDP > GNP ONNP > GNP Personal income > national income Personal income > disposable personal income > 11I O

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essays In Economic Sociology

Authors: Max Weber, Richard Swedberg

1st Edition

0691218161, 9780691218168

More Books

Students also viewed these Economics questions