Practice test I created out of quizzes to help me study.
True
False
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True
False
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Consumption
Investment
Government spending
Wages and salaries
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Multiply nominal values by a price index
Divide nominal values by a price index
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NNP (Net National Product)
NI (National Income)
GDP (Gross Domestic Product)
PI (Personal Income)
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Capital consumption
Disposable income
Value added.
Price deflation.
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Adding up categories (types) of income.
Adding up the value of products and subtracting 1) depreciation (capital consumption allowance, 2) indirect business taxes, and 3) statistical discrepancies.
Both a and b.
None of the above
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Will not be affected
Will go down
Will go up
May go up or down
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Place a value on owner-occupied housing
Count do-it-yourself production
Count corporate profits
All of the above
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Quiz Review Timeline (Updated): Sep 9, 2024 +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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