Question 20 of 50 1 Points Depreciation is subtracted from gross domestic product to determine directly O A. national income B. net domestic product C. disposable income O D. consumption expenditures plus investment expenditures plus government purchases plus net exports. Reset SelectionWhich of the following expenditures associated with the production of a new high performance Saloon Car will not loe included in GDP? 0 A. the purchase of new tires to be installed on the new vehicle 0 B. the purchase of used welding robots to assemble the vehicle 0 C. the purchase of new machine tools to manufacture the engine O D. none of the above Question 5 of 50 1 Points If an increase in a household's disposable income from GH? 10,000 to GH?12,000 boosts its consumption expenditure from GH?8,000 to GH?9,000, the O A. slope of the consumption function is 2.5 O B. household is dissaving O C. slope of the consumption function is 0.2 O D. slope of the consumption function is 0.5Question 8 of 50 1 Points Which of the following is NOT included in the M1 definition of money? O A. Currency held outside banks B. Time deposits O C. Traveler?s cheques O D. Current accounts Reset SelectionQuestion 7 of 50 1 Points An open market sale of bonds will result in all but which one of the following? O A. decrease in the quantity of reserves O B. higher price level O C. increase in interest rates O D. lower investment spending Reset SelectionQuestion Which of the following expenditures associated with the production of a new high performance Saloon Car will not be included in GDP? O A. the purchase of new tires to be installed on the new vehicle O B. the purchase of used welding robots to assemble the vehicle O C. the purchase of new machine tools to manufacture the engine D. none of the aboveQuestion 9 of 50 1 Points Depreciation explains the difference between A. GNP and NNP B. NNP and national income O C. GDP and national income O D. savings and investment Reset SelectionQuestion 11 of 5D 1 Points GDP can be measured by the O A. total value of all sales in the economy 0 El. total value of all Intermediate goods produced in the economy (Q) E. total market value of Final goods and services produced in the economy 0 D. net national product plus investment Reset Selection QUESLIUIT Suppose there is an open market sale of bonds. Which of the following will occur as a result of this? O A. output increases O B. output decreases C. the interest rate decreases O D. both output and the interest rate increase Reset SelectionQuestion 46 of 50 1 Points Which of the following will cause the interest rate to fall? O A. a leftward shift of money demand curve O B. an increase in the money supply O C. a rightward shift of money demand combined with a decrease in money supply O D. all of the above. Reset Selection