Why is GDP limited as a measure of economic well-being?

Question 7 options:

A	It ignores household production.
B	It doesn't measure income distribution.
C	It doesn't include any measure for life quality.
D	All of the above.

Exports equal $10,000. Imports equal $12,500. Find net exports.

Question 8 options:

A	-$2500
B	$0
C	$2500
D	$22,500

Based on the graph below, what will happen to equilibrium investment, interest rates,and long run economic growth?

Question 9 options:

A	Interest rates rise, investment falls, economic growth increases
B	Interest rates fall, investment falls, economic growth decreases
C	Interest rates falls, investment rises, economic growth decreases
D	Interest rates rise, investment falls, economic growth decreases

Covergence will occur if countries with lower GDP per capita will grow ____________

countries with higher GDP per capita.

Question 10 options:

A	Faster than
B	Slower than
C	The same as

Which of the following would reduce investment in the present?

Question 11 options:

A	A company builds a new factory.
B	A country imports shirts to sell.
C	A company makes shirts that it stores in a warehouse.
D	A company sells shirts that it made in the previous year.