File: Theory Of Production Pdf 127113 | 23 Item Download 2022-10-12 23-47-13
measuring a nation s 23 income questions for review 1 an economy s income must equal its expenditure because every transaction has a buyer and a seller thus expenditure by ...
Filetype PDF | Posted on 12 Oct 2022 | 2 years ago
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...Measuring a nation s income questions for review an economy must equal its expenditure because every transaction has buyer and seller thus by buyers sellers the production of luxury car contributes more to gdp than higher market value contribution is bread which final good that sold sale used records does not affect at all it involves no current four components are consumption such as purchase music cd investment computer business government purchases order military aircraft net exports american wheat russia many other examples possible economists use real rather nominal gauge economic well being affected changes in prices so reflects only amounts produced you cannot determine if rise been caused increased or year deflator x percentage change desirable country have large people could enjoy goods services but important measure example laws restrict pollution cause be lower against were eliminated would might make us worse off earthquake raise expenditures on cleanup repair rebuilding in...