SAMENVATTING MACRO-ECONOMIE NEWEST2025 EXACT QUESTIONS AND CORRECT ANSWERS ALREADY WITH A+ GRADE

SAMENVATTING MACRO-ECONOMIE
NEWEST2025 EXACT QUESTIONS AND
CORRECT ANSWERS ALREADY WITH A+
GRADE




GDP is measured by:
ANSWER-adding the market value of total final
production




If you make dinner for yourself:
only the market value of ingredients that you
purchased this year is added to GDP.

,Germany's GDP includes
ANSWER-China produced by the English owned
Wedgewood Company at a factory in Berlin.
Germany




Expenditures on US produced steaks, shoes, and
doctor visits
Consumption Expenditures




Investment in GDP:
ANSWER-Cars produced during the year but unsold
at the end of the year and the new capital
equipment produced and purchased during the year




Bob had 1,000 shirts in inventory, produced 10,000
shirts during the year and ended up with 1,100

, shirts in inventory. The 100 shirts added to his
inventory is
Investment




GDP is measured through
ANSWER-the expenditures on goods and services by
all levels of government included




Net exports of goods and services are defined as
equal to
the value of exports of goods and services minus
the imports of goods and services




In calculating GDP, we must