--%>
Assignment Help - homework help

Question based on GDP

In calculating the GDP national income accountants: A) treat inventory changes as an adjustment to personal consumption expenditures. B) ignore inventories because they do not represent final goods. C) subtract increases in inventories or add decreases in inventories. D) add increases in inventories or subtract decreases in inventories.

   Related Questions in Microeconomics

  • Q : Problem on relative monetary values The

    The relative monetary values an individual consumer subjectively puts on containing a bit more or less of a good are termed as: (i) Consumer preferences. (ii) Demand prices. (iii) Psychic prices. (iv) Subliminal prices. (v) Consumer utilities.

  • Q : Value of Nonhuman Wealth The most

    The most unequally variable distributed for U.S. data would most likely be: (1) pre-tax and pre-transfer incomes 1929. (2) incomes after taxes and transfers 1975. (3) the value of nonhuman wealth 2005. (4) incomes after taxes and transfers 2005. (5) incomes before tax

    		•
  • Q : Monopolies over brand name products of

    Several firms have monopolies over brand name products, although face competition from: (w) international cartels. (x) oligopolistic rivals. (y) producers of close substitutes for their products. (z) intra-firm rivalry.

    Q : Traditional transfer in kind assistance

    Most traditional transfer in kind helps programs: (w) increased benefits for every dollar earned. (x) reduced benefits by $1 for every dollar earned. (y) reduced benefits by less than $1 for each dollar earned. (z) reduced benefits by more than $1 for

    		•
  • Q : Asymmetric information Provide the

    Provide the solution of this question. The problem of asymmetric information is that: A) neither health care buyers nor providers are well-informed. B) health care providers are well-informed, but buyers are not. C) the outcomes of many complex medical procedures cannot be predicted. D) insurance co

    		•
  • Q : Determinants of demand affect the price

    For a particular product how do the determinants of demand affect the price?

    		•
  • Q : Problem on Arbitrage Costs Purchasing

    Purchasing low in one market and at the same time selling high in the other market is termed as: (1) Gambling. (2) Speculation. (3) Arbitrage. (4) Optioning. (5) Hedging. Find out the right answer from the above options.

    		•
  • Q : Relatively price inelastic demand in

    When a firm possesses some market power, in that case the firm’s marginal revenue is negative inside the range of output where demand is: (i) price elastic. (ii) unitarily elastic. (iii) relatively price inelastic. (iv) perfectl

    		•
  • Q : Demand of various vegetable why demand

    why demand change of onion in during one week due to change in it's price

    		•
  • Q : Purchasing power of Income Effects

    Whenever the price increases for a good that you enjoy extremely and purchase regularly: (i) The purchasing power of your income is reduced. (2) You adjust more rapidly than when the good was insignificant to you. (3) Your substitution effect is over-powered by an inc

    		•