Exam (elaborations)
Business Economics 2 – Macro WITH CORRECT ANSWERS.
- Course
- Institution
GDP measures/ GDP is calculated by... (3)CORRECT ANSWER Aggregate output, aggregate expenditure, aggregate income 2 uses of GDPCORRECT ANSWER To compare economic welfare over time, to compare economic welfare across countries 6 determinants of consumptionCORRECT ANSWER DISPOSABLE INCOME, inte...
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