A product that is produced in 2015 and not sold until 2016 will be counted in the GDP for

a. both 2015 and 2016.
b. neither 2015 nor 2016.
c. 2015.
d. 2016.

c

Economics

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The amount of gross investment in the economy depends on the

A) response of expected output to the error in estimating the past period's actual output. B) amount of the difference between the desired capital stock and last period's capital stock that can be put in place this period. C) fraction of the capital stock that is replaced each period. D) All of the above are correct.

Economics

Which of the following statements is correct?

a. from the bank's point of view, loans to customers are assets of the bank b. from the bank's point of view, loans to customers are liabilities of the bank c. from the customer's point of view, loans to customers are assets of the customer d. from the customer's point of view, loans to customers are liabilities of the customer e. a and b only f. a and d only Indicate whether the statement is true or false

Economics