About the measurement of the GDP O A The profits of a firm are higher than the value added of the firm. B. The INCOME method is used as an alternaitive method to calculate GDP since is not possible know which goods are FINAL goods and which are INTERMEDIATE goods. O C. if the salary of public employees increases. then the GDP will drop because the budget deficit will increase
About the measurement of the GDP O A The profits of a firm are higher than the value added of the firm. B. The INCOME method is used as an alternaitive method to calculate GDP since is not possible know which goods are FINAL goods and which are INTERMEDIATE goods. O C. if the salary of public employees increases. then the GDP will drop because the budget deficit will increase
Chapter15: Gross Domestic Product
Section: Chapter Questions
Problem 7SQP
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Transcribed Image Text:About the measurement of the GDP
O A. The profits of a firm are higher than the value
added of the firm.
B. The INCOME method is used as an alternative
method to calculate GDP since is not possible
know which goods are FINAL goods and which
are INTERMEDIATE goods.
O C. if the salary of public employees increases,
then the GDP will drop because the budget
deficit will increase
D. None the options are correct.
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