Page 37 - Macroeconomics. book docx_Neat
P. 37
10. A limitation of national income is that it:
A. Measures income
B. Shows growth
C. Reflects prices
D. Ignores income distribution
Answer: D
11. Economic growth means an increase in:
A. Imports B. Inflation C. Prices D. National income
Answer: D
12. National income is useful for:
A. Economic planning
B. Reducing population
C. Controlling prices
D. Measuring happiness
Answer: A
13. Interest is income of:
A. Labor
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