During a service cycle expansion, complete production _____ and also total employed _______A. Decreases; increasesB. Decreases; decreasesC. Increases; decreases D. Increases; Increases


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Which the the complying with headlines would certainly be an ext closely pertained to what macroeconomics study than what micro-economist"s study?A. The joined auto workers authorize a contract increasing wages and also benefits 7% over the following 3 yearsB. Avocado prices rise because of a so late frost in CA.C. Actual GDP grow by 2.3% in the 2nd quarterD. Airline raise ticket price in response to rising fuel costs.
Gross domestic Product is calculation by summing upA. The total quantity of goods and also services in the economyB. The total quantity that goods and also services created in the economy throughout a period of timeC. The full market value of final goods and also services developed in the economy during a period of timeD. The total market value of goods and also services in the economy
C. The total market value of last goods and also services created in the economy throughout a period of time
Which of the adhering to goods is directly counted in GDP?A. The plastic bags that Subway purchases to wrap that is sandwichesB. The lettuce that Subway purchases for its sandwichesC. A 12 customs Subway sandwich to buy by a studentD. The bread the Subway purchases for its sandwiches
Which that the following transactions represents the purchase of a final good?A. Apple computer buys computer processors native IntelB. Delta buys a new European-made jetlinerC. Your father buys a new John Deere talk lawn mowerD. The purchase of coffee bean by Starbucks
Which the the adhering to is not directly counted in GDP?A. Federal government PurchasesB. Invest expendituresC. Consumer goodsD. Intermediary goods
In the circular circulation model, the value of total production because that an economy ____ the worth of complete expenditure last goods and also servicesA. EqualsB. Might be better than or less thanC. Is greater thanD. Is less than
The in the name GDP the the us in 2012 was around 16.2 trillion. This method that A. Full spending on last goods and also services in 2012 was roughly 16.2 trillionB. Complete income in 2012 was about 16.2 trillionC. The worth of final output in 2012 was approximately 16.2 trillionD. Every one of the above are true
Which that the following is not an example of a move payment?A. Social protection payments come retireesB. Joblessness insurance paymentsC. Social security payments come disabled personsD. Wellness insurance payments to an military private
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