Reading 20: Measuring Economic Activity - LOS a ～ Q11 white, country, believe, economic, activity

mayanfang1

Q11. When considering the effect of depreciation on the measurement of a country’s economic activity, most economists believe it:

A)   must be included in the calculation in order to provide the most accurate assessment of the country’s economic position.

B)   may or may not be included in the calculation as long the calculation is clearly identified as a “gross” or “net” number.

C)   is difficult to accurately quantify and is generally excluded from the calculation.

mayanfang1

答案和详解如下：

Q11. When considering the effect of depreciation on the measurement of a country’s economic activity, most economists believe it:

A)   must be included in the calculation in order to provide the most accurate assessment of the country’s economic position.

B)   may or may not be included in the calculation as long the calculation is clearly identified as a “gross” or “net” number.

C)   is difficult to accurately quantify and is generally excluded from the calculation.

Correct answer is C)

Depreciation is an estimate of an asset’s usage based on accounting conventions and not the actual amount consumed. Because it is difficult to reliably calculate, depreciation is generally excluded from productivity measures.

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gary1111

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gickistar

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cyyap1011

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hitman1986

1

aleckkwong

C?

laura1972

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dandinghe4748

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