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Which of the following is NOT a component of GDP?
a. purchases by consumers of used goods
b. net exports
c. purchases by consumers of finished goods
d. government purchases
Business Economics, Economics
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Not sure where I'm going wrong on this one. Any help is appreciated. The following information relates to RAM Corporation: Accounts receivable $160,000 Total credit sales $2,500 ...
What is the difference between a positive economic statement and a normative one
If a country, lets say UK since Brexit, faces higher inflation and lower output than potential, which I am guessing is a adverse supply shock. What kind of FISCAL policy is needed to fix this issue? Explanation has to be ...
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