Both the value of hamburgers sold by a restaurant and the value of the beef it used to make these hamburgers are included in GDP
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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If the actual capital stock exceeds the desired capital stock due to a cycle of overbuilding, then
A) net investment will fall dramatically. B) net investment will increase dramatically. C) net investment will not change. D) the effect on net investment is unknown.
Economics
In the United States, periods of deflation
A) primarily occurred during times of war. B) were virtually nonexistent until after 1980. C) only occurred before the Civil War. D) were relatively common prior to 1930.
Economics