MacroEconomics questions

Feb 3rd, 2012
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Aberystwyth University
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This file contains answers to the following questions some of which are given here i.e. 1. GDP measures underestimate the value of output produced by an economy because they include services not transferred through markets? T or F 2. Real GDP measures the value of goods and services using current-year prices? T or F 3. Investments are actions that incur costs today but provide expected benefits in the future. T or F 4. Banks prefer to make loans than keep reserves because they earn interest on loans but not reserves. T or F

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