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Far Eastern University Manila *

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102

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Economics

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Nov 24, 2024

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docx

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1

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Which one of the following would not be included in the calculation of the gross domestic product (GDP)?                                   CMA 1281 1-2 A doctor's fee.   Purchase of common stock.   Purchase of a new home.   An automotive worker's wages.   Which of the following may provide a leading indicator of a future increase in gross domestic product? A decrease in the issuance of building permits A reduction in the money supply An increase in the average hours worked per week of production workers An increase in the timeliness of delivery by vendors During the recessionary phase of a business cycle. Actual national income will exceed potential national income The natural rate of unemployment will increase dramatically Potential national income will exceed actual national income The purchasing power of money is likely to decline rapidly
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