To convert Gross Domestic Product to Net Domestic Product, which of the following is correct? Question 5Answer a. GDP – Capital Formation b. GDP – Depreciation c. GDP + Capital Formation d. GDP + Depreciation
To convert Gross Domestic Product to Net Domestic Product, which of the following is correct? Question 5Answer a. GDP – Capital Formation b. GDP – Depreciation c. GDP + Capital Formation d. GDP + Depreciation
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 32P: In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million....
Related questions
Question
To convert Gross Domestic Product to Net Domestic Product, which of the following is correct?
Question 5Answer
a.
GDP – Capital Formation
b.
GDP –
c.
GDP + Capital Formation
d.
GDP + Depreciation
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