Depreciation Is Subtracted from GDP to Get NDP

question 67

Multiple Choice

Depreciation is subtracted from GDP to get NDP.What does deprecation represent?  

• A) the value of leisure goods 
• B) changes in exchange rates 
• C) income that we earn but do NOT receive 
• D) investment undertaken merely to replace worn-out capital

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Definitions:

F-ratio

A statistical measure used in the analysis of variance (ANOVA), calculated by dividing the variance among group means by the variance within the groups.

Null Hypothesis

A default hypothesis that there is no effect or no difference, used as a starting point for statistical significance testing.

Analytical Comparisons

Comparisons between groups that are part of a larger research design.

Specific Hypothesis

A precise statement or prediction about the relationship between two or more variables that can be tested.