government purchases

Calculate the rate of inflation for 2007 and 2008 using the GDP deflator as your price index. Assume that 2006 is still the base year. 

Macro Economics Assignment 2 Questions: Chapter 10 & 11 (10 Marks) National income accounting deals with the aggregate measure of the outcome of economic activities. The most common measure of the aggregate production in an economy is Gross Domestic Product (GDP). The table below provides Country’s national income accounting. Use this data to answer the […]

Which of the following provided statement is accurate about the relative size of government purchases and government spending?

Assignment The total cost of workers includes both direct compensation (wages and salaries) and fringe benefits associated with employment, including the cost of post-employment benefits promised the employees. Question 1 options:   True   False Question 2 (2 points) Which of the following is an accurate statement about the relative size of government purchases and […]

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