If one added up the value of all intermediate goods that went into the production of real GDP, the total value of intermediate goods would be
A. Equal to the GDP.
B. Greater than the GDP.
C. Less than the GDP.
D. None of the choices are correct.
Answer: B
Economics
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During an economic expansion when real GDP increases, the
A) demand for money decreases. B) nominal interest rate is constant. C) demand for money increases. D) supply of money decreases. E) real interest rate is constant.
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In March 2008, the Fed announced that primary dealers would be eligible to receive discount loans
Indicate whether the statement is true or false
Economics