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Question: GDP can be calculated by summing  A. consumption, investment, government purchases, exports, and ...

Show transcribed image text GDP can be calculated by summing A. consumption, investment, government purchases, exports, and wages. B. consumption, investment, government purchases, and net exports. C. consumption, investment, wages, and repots. D. Consumption, investment, government purchase and imports. Real GDP is: A. the nominal value of all goods and services produced in the domestic economy. B. the nominal value of all goods and services produced in the domestic economy corrected for inflation or deflation. C. that aggregate output that is produced when the economy is operating at full employment. D. always greater than nominal GDP Real GDP per capita is found by: A. adding real GDP and population B. subtracting population from real GDP. C. Dividing real GDP by population. D. Dividing population by real GDP. Refer to the graph. Growth of production capacity is shown by the: A. shift from AB to CD B. shift from CD to AB. C. movement away from point A and toward point B. D. movement away from point B and toward point A.

GDP can be calculated by summing A. consumption, investment, government purchases, exports, and wages. B. consumption, investment, government purchases, and net exports. C. consumption, investment, wages, and repots. D. Consumption, investment, government purchase and imports. Real GDP is: A. the nominal value of all goods and services produced in the domestic economy. B. the nominal value of all goods and services produced in the domestic economy corrected for inflation or deflation. C. that aggregate output that is produced when the economy is operating at full employment. D. always greater than nominal GDP Real GDP per capita is found by: A. adding real GDP and population B. subtracting population from real GDP. C. Dividing real GDP by population. D. Dividing population by real GDP. Refer to the graph. Growth of production capacity is shown by the: A. shift from AB to CD B. shift from CD to AB. C. movement away from point A and toward point B. D. movement away from point B and toward point A.