Natural Resources and the Environment Toward Sustainable Development

A. Lawyer services purchased by a home buyer
B. The purchase of a new Nissan produced in Sunderland
C. Copper purchased by tap manufacturer Bristan
D. A new art gallery purchased by the city of Newcastle
E. Lawn care services purchased by a home owner.

A. foreign; domestic
B. current year; base year
C. domestic; foreign
D. base year; current year
E. intermediate; final

A. Rs50
B. Rs100
C. Rs650
D. Rs500

A. intermediate goods
B. final goods and services
C. manufactured goods
D. inferior goods and services
normal goods and services

A. final goods and services intermediate goods, transfer payments, and rent
B. consumption investment government purchases and net exports
C. consumption transfer payments. wages and profits.
D. Net National Product Gross National Product, and Disposable personal income
E. investment wages profits and intermediate production

A. intermediate production
B. Net National Product
C. Investment
D. depreciation
E. consumption

A. It measures wealth not income
B. It measures Gross Domestic Product
C. It does not measure the quality of the items produced
D. It is only measured every five years:

A. Deduct depreciation
B. Deduct indirect taxes
C. Deduct subsidies
D. Add inflation

A. Surpluses are likely to occur:
B. Prices are likely to fall
C. Supply will increase immediately to match demand
D. Shortages may occur

A. Real GDP per capita
B. Real GDP
C. Real GDP population
D. Real GDP plus depreciation