Deadly EXAM

A short-run increase in national income could be caused by a decrease in which of the following?

(a)  

Goods, services, and intermediate products produced in other countries.

(a)  

Goods, services, and intermediate products bought by people in other countries.

(a)  

- What creates a problem in using money to value GDP:

(a)  

A short-run increase in national income be caused by a decrease in which of the following.

(a)  

- is the available human resource whether employed or unemployed.

(a)  

Is anything that is used as a “medium of exchange” for goods and services.

(a)  

Is the factor of production which covers all natural resources that exist without man’s intervention

(a)  

It encompasses all things derived from the forces of nature such as the air, water, forests, vegetation, and other forms beyond the earth’s surface like minerals.

(a)  

These resources are not a man’s creation and are simply irreproducible

(a)