The amount of new output produced per year for both consumption and additions to capital stock is measured by:

A.  GDP
B.  Net investment
C.  NDP
D.  Net exports

C.  NDP

Economics

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In the market for production, households offer resources like _____ in return for _____

a. labor; income b. land; profit c. land; human capital d. labor; revenue

Economics

Individual Retirement Accounts and 401(k) plans make the current U.S. tax system

a. more like a consumption tax and so more like the tax system of many European countries. b. more like a consumption tax and so less like the tax system of many European countries. c. less like a consumption tax and so more like the tax system of many European countries. d. less like a consumption tax and so less like the tax system of many European countries.

Economics