No need explanation I need this as soon as possible pleaseeee :(

1.If debit cards were to gradually replace credit cards as a means of payment, this would cause households to

Aincrease their demand to hold money balances

Breduce their demand to hold money balances

2.Consider the equation GDP = C + I + G + NX. Which statement below is FALSE?

AC is consumption.

BI is investment.

CG is total spending by local, state, and federal governments.

DG is total spending on goods and services by local, state, and federal governments.

ENX is net exports.

3.Gross domestic product (GDP) does NOT include an estimate for

Abuilding new apartments

Bbuilding new extensions to existing homes

Ccurrent repairs to existing houses

Dthe value of the sales of existing houses

Eservices rendered by realtors

4.Which is the most volatile category of spending?

Aconsumption

Bgovernment purchases

Cinvestment

Dchanges in inventories

5.Which item is included in GDP?

Athe imputed value of home-prepared meals

Bthe market value of illegal narcotics

Cthe imputed rental value of owner-occupied homes

6.World GDP is

Aequal to world GNP

Bgreater than world GNP

Csmaller than world GNP

7.Production requires labor and capital. The stock of capitalper workerwouldfallif

Adepreciation exceeded gross investment and the labor force remained the same.

Bthe stock of capital was unchanged and the labor force fell.

Cthe stock of capital grew faster than the labor force

8.Which statement below is TRUE?

ACapital is a stock and income is a flow.

BIncome is a stock and capital is a flow.

9.Which statement below is FALSE?

AIf real GDP grows slower than population, real GDP per person would fall.

BIf population grows slower than real GDP, real GDP per person would increase.

CIf real GDP grows slower than nominal GDP, the GDP deflator would fall.

10.Which statement below is FALSE?

AGDP could increase despite a deterioration in the quality of the environment.

BGDP does not take into account the distribution of household incomes.

CGDP includes the contribution of homemakers, such as stay-at-home parents.