MarcEco an der FPT University | Karteikarten & Zusammenfassungen

Lernmaterialien für MarcEco an der FPT University

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TESTE DEIN WISSEN
Gross domestic product (GDP) is defined as
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TESTE DEIN WISSEN
the market value of final goods and services produced within a country in 1 year
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TESTE DEIN WISSEN
Which is a primary use for national income accounting?
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TESTE DEIN WISSEN
It provides a basis for assessing the performance of the economy.
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TESTE DEIN WISSEN
Which of the following is a public transfer payment?
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TESTE DEIN WISSEN
the Social Security benefits sent to a retired worker
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TESTE DEIN WISSEN
the sale in year 2 of an automobile produced in year 1 would not be included in the gross domestic product for year 2 doing so would involve
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TESTE DEIN WISSEN
includinig a nonproduction transaction
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TESTE DEIN WISSEN
To include the value of the parts used in producing the automobiles turmed out during a year in gross domestic product for that year would be an example of
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TESTE DEIN WISSEN
including a nonmarket transaction
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TESTE DEIN WISSEN
According to national income sccounting, money ome derived from the production of this year's output equal to
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TESTE DEIN WISSEN
the amount spent to purchase this year's lotal output
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TESTE DEIN WISSEN
Which would be considered an investment according to economists?
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TESTE DEIN WISSEN
the purchese of newly issued shares ol stock in Microsoft
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TESTE DEIN WISSEN
A refrigerator was produced by its manufacturer in year 1, sold to a retailer in year 1, and sold by the retailer to a final consumer in year 2. The refrigerator was
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TESTE DEIN WISSEN
counted as savings in yeur 1
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TESTE DEIN WISSEN
The annual charge that estimates the amount of pri- Vate capital equipment used up in each year's production called
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TESTE DEIN WISSEN
investment
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TESTE DEIN WISSEN
GDP in an economy is $3452 bilian. Consumer e penditures arn $2343 billion, government purchanes are S865 billion, and gross investiment is $579 bilion. Net Exports are
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TESTE DEIN WISSEN
-$45 billion
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TESTE DEIN WISSEN
The service a babysitter performs when she stays at home with her baby brother while her parents are out and for which she receives no payment is not included in the gross domestic product because
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TESTE DEIN WISSEN
this is a nonmarket transaction
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TESTE DEIN WISSEN
Gross private domestic investment is equal to
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TESTE DEIN WISSEN
$32 billion
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Beispielhafte Karteikarten für deinen MarcEco Kurs an der FPT University - von Kommilitonen auf StudySmarter erstellt!

Q:
Gross domestic product (GDP) is defined as
A:
the market value of final goods and services produced within a country in 1 year
Q:
Which is a primary use for national income accounting?
A:
It provides a basis for assessing the performance of the economy.
Q:
Which of the following is a public transfer payment?
A:
the Social Security benefits sent to a retired worker
Q:
the sale in year 2 of an automobile produced in year 1 would not be included in the gross domestic product for year 2 doing so would involve
A:
includinig a nonproduction transaction
Q:
To include the value of the parts used in producing the automobiles turmed out during a year in gross domestic product for that year would be an example of
A:
including a nonmarket transaction
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Q:
According to national income sccounting, money ome derived from the production of this year's output equal to
A:
the amount spent to purchase this year's lotal output
Q:
Which would be considered an investment according to economists?
A:
the purchese of newly issued shares ol stock in Microsoft
Q:
A refrigerator was produced by its manufacturer in year 1, sold to a retailer in year 1, and sold by the retailer to a final consumer in year 2. The refrigerator was
A:
counted as savings in yeur 1
Q:
The annual charge that estimates the amount of pri- Vate capital equipment used up in each year's production called
A:
investment
Q:
GDP in an economy is $3452 bilian. Consumer e penditures arn $2343 billion, government purchanes are S865 billion, and gross investiment is $579 bilion. Net Exports are
A:
-$45 billion
Q:
The service a babysitter performs when she stays at home with her baby brother while her parents are out and for which she receives no payment is not included in the gross domestic product because
A:
this is a nonmarket transaction
Q:
Gross private domestic investment is equal to
A:
$32 billion
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