The difference between GNP and NNP is equal to:
a. the statistical discrepancy in calculation.
b. the capital consumption allowance.
c. the transfer payments.
d. the value of net exports.
e. the change in inventory.
b
Economics
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In the first few years of the Great Depression, unemployment rose to about
a. 10 percent, and prices rose about 14 percent. b. 15 percent, and prices rose about 22 percent. c. 20 percent, and prices fell about 14 percent. d. 25 percent, and prices fell about 22 percent.
Economics
For purposes of analyzing the money stock and its relationship to relevant economic variables, money is best thought of as
a. those items that can be readily accessed and used to buy goods and services. b. currency only. c. currency plus all bank accounts. d. currency plus all bank accounts plus bonds.
Economics