Which of the Following Is Not a Reason Why the Australian

question 75

Multiple Choice

Which of the following is not a reason why the Australian economy has generally been more stable since 1950 than before that time?

• A)Goods have become a larger fraction of GDP and services have become a smaller fraction of GDP.
• B)The government has actively pursued economic policy to combat recessions and prolong expansions.
• C)Unemployment benefits and other government programs curtail the decline in spending that occurs during a recession.
• D)Services have become a larger fraction of GDP and goods have become a smaller fraction of GDP.

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Definitions:

Scrap Value

The estimated resale value of an asset after its useful life is over.

Transmitter

A device or system that sends out signals, messages, or other forms of communication.

Sum-Of-The-Years-Digits

A depreciation method that accelerates the rate of depreciation, basing it on a fraction that decreases annually.

Scrap Value

The estimated resale value of an asset at the end of its useful life.