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principles of economics exam 2 Guaranteed Pass: Verified Study Materials for All Testing Exams
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-Financial transactions such as trading of stocks and bonds -Government transfer payments -leisure time government transfer payments a payment to a person that is not for goods and services currently supplied such as social secrutiy GDP and Bads GDP counts the goods and services, but it does not net out the air and water pollution Why aren't stock purchases and sales counted in GDP? GDP is a measure of production in a country. When stocks are purchased and sold, no production occurs What are the three approaches to computing GDP -Expenditure -Income -value added GDP expenditure approach 4 sectors household sector-consumption -business sector- investment -government sector - government purchases
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Principles Of Economics Exm 2
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Principles of economics exm 2
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principles of economics exam 2 guaranteed pass v
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gross domestic product gdp the total market valu
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