Which of the following is a shortcoming of GDP?
A. GDP excludes changes in inventories.
B. GDP includes an estimate of illegal transactions.
C. GDP excludes nonmarket transactions.
D. GDP excludes business investment spending.
Answer: C
Economics
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In direct finance, funds are loaned and borrowed through a financial intermediary
Indicate whether the statement is true or false
Economics
Other things the same, as the price level rises,
a. the dollar depreciates. b. the interest rate falls. c. people feel less wealthy. d. All of the above are correct.
Economics