Which of the following is always considered part of GDP? A. incomplete goods B. government purchases C. government social security D. government expenditures
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- Compare and contrast Measuring GDP using the Income Approach vs Measuring GDP using the Expenditure Approach.Which of the following is a tool that is used by the central bank to control the quantity of money? *a. gdpb. excess reservec. open market operationsd. government expenditure multiplierExplaine (1) comoponent of GDP
- Income statememt?Give typing answer with explanation and conclusion Briefly define GDP and GDP-P. Explain how would you use PPP to understand financials in a country.Aggregate expenditure is the sum of a. spending by households, firms, government, and foreigners on final goods and services b. all types of spending by households c. spending and savings by households d. spending by households and governments on final goods and services
- A debt – to income ratio can easily be calculated be from a what kind of statement? Investment Budget Bank Tax Net worthMoney measurement conceptWhy are they important for policymakers and investors, also in what situations and why do they use them? Gross Domestic Product (GDP): Balance of Payments (BoP): Inflation: Real return & Nominal Return: