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| 1 . |
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National income accounts
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| 2 . |
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According to the fundamental identity of national income accounting,
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| 3 . |
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Which of the following statements is true?
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| 4 . |
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Inventories are
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| 5 . |
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Gross national product
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| 6 . |
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If gross national product (GNP) is $500 billion, net factor payments (NFP) are $50 billion, and net exports (NX) are $75 billion, then gross domestic product (GDP) is
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| 7 . |
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In using the expenditure approach to GDP, consumption
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| 8 . |
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Which of the following is considered to be investment in the national income accounts?
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| 9 . |
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Which of the following is not a government transfer?
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| 10 . |
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Other things held constant, private disposable income would increase if
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| 11 . |
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Which of the following equals national saving (S)?
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| 12 . |
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In 1992 private saving was $986.9 billion, investment was $796.5 billion, and the current account balance was --$55.1 billion. From the uses-of-saving identity, how much was government saving?
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| 13 . |
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Wealth
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| 14 . |
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Nominal personal consumption expenditures in the United States were $1,748.1 billion in 1980 and rose to $3,742.6 billion in 1990. The implicit price deflator for personal consumption expenditures is 71.4 for 1980 and 114.7 for 1990, where 1987 is the base year. Calculate the percent change in real personal consumption expenditures (rounded to the nearest percentage point) in the decade.
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| 15 . |
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The real interest rate is equal to
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Answer choices in this exercise are randomized and will appear in a different order each time the page is loaded.
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