Question
Which of the following is TRUE? A. GDP per capita is a better economic indicator than GDP when it comes to comparisons across countries. B.
Which of the following is TRUE?
| A. | GDP per capita is a better economic indicator than GDP when it comes to comparisons across countries.
| |
| B. | Purchases of stocks and bonds are counted as an investment in the calculation of GDP.
| |
| C. | New residential housing is counted as consumption in the calculation of GDP
| |
| D. | Unemployment benefits is counted as government spending in the calculation of GDP |
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
11th Edition
134519574, 9780134521046 , 978-0134519579
