vocab quiz macroeconomics ch-5
Match the term in column one with the correct definition in column two. |
Potential Matches: |
1 : the estimated value of depreciation plus the value of accidental damage to capital stock |
2 : personal income minus personal taxes |
3 : total investment, including investment expenditures required to replace capital goods consumed in current production |
4 : the year against which other years are measured |
5 : gross investment minus capital consumption allowance
|
6 : a measure of national output based on the current prices of goods and services |
7 : a measure of the quantity of goods and services produced, adjusted for price changes |
8 : a reduction in the value of capital goods over time due to their use in production |
9 : the market value of all final goods and services produced in a year within a country |
10 : gross domestic product plus receipts of factor income from the rest of the world minus payments of factor income to the rest of the world |
11 : net national product minus indirect business taxes
|
12 : an increase in wages that is designed to match increases in prices of items purchased by the typical household |
13 : gross national product minus capital consumption allowance |
14 : a broad measure of the prices of goods and services included in the gross domestic product |
15 : a measure of the average price of goods and services purchased by the typical household |
11 years ago
Purchase the answer to view it
