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