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Question 3 of 20 5.0 Points How does the expenditure approach calculate GDP? A. It adds up all the incomes in the economy. B. It adds up the value of four groups of final goods and services. C. It adds up the value of business goods and services. D. It adds up the value of consumer goods and services.
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Expenditure approach adds up the value of four groups of final goods and services.
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Asked 8/11/2016 6:10:22 PM
Updated 8/11/2016 6:44:40 PM
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Expenditure approach adds up the value of four groups of final goods and services.
Added 8/11/2016 6:44:40 PM
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How many fewer shirts are sold at the new demand level for any given price? A. 200 B. 300 C. 400 D. 500
Weegy: 300 are sold at the new demand level for any given price. (More)
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Which of the following is the best example of a good that has inelastic demand? A. boat B. salt C. movie ticket D. diamond
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Updated 8/5/2016 12:11:55 PM
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Question 1 of 20 5.0 Points Which of the following is considered a cause of inflation? A. Wages go down. B. Producers raise prices to meet higher costs. C. There is not enough money in the economy. D. Demand is less than supply.
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Updated 8/11/2016 10:18:48 PM
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PRODUCERS RAISE PRICES TO MEET HIGHER COSTS is considered a cause of inflation.

Added 8/11/2016 10:18:48 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [8/12/2016 1:34:16 AM]
Question 4 of 20 5.0 Points Which of the following is a main economic variable that affects business cycles? A. stagflation B. national income accounting C. interest rates D. personal savings
Weegy: Interest rates could be an economic variable that affect business cycles. User: Which of the following is an example of money as a unit of account? A. purchasing a remote-controlled toy on sale for $8.99 B. lending your best friend $25.00 to buy a guitar C. opening a savings account at a bank that pays high interest D. comparing camera prices at different store before buying one Weegy: An example of money as a unit of account is: Comparing camera prices at different store before buying one. (More)
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Updated 8/12/2016 8:45:07 AM
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