Net Domestic Product

question 220

Multiple Choice

Net domestic product:

• A)is a better measure of output than gross domestic product because it controls for depreciation.
• B)is a worse measure of output than gross domestic product because it is distorted by depreciation.
• C)cannot be computed since economists have no measure of depreciation.
• D)increases as depreciation increases.

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Definitions:

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The part of a person's time spent engaging in interpersonal relationships with friends and acquaintances outside of work and family commitments.

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