Author Question: As opposed to GDP, GNP tries to measure A) the happiness of a nation. B) the value of all ... (Read 45 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
As opposed to GDP, GNP tries to measure
 
  A) the happiness of a nation.
  B) the value of all intermediate goods produced in a nation.
  C) the economic performance of a nation's citizens regardless of where they happen to be producing.
  D) the economic performance of a country's economy regardless of the nationality of the producers.

Question 2

Why did India's economic growth rate lag far behind growth rates in South Korea, Japan, and Taiwan between 1960 and 1999?
 
  A) Indian households saved too much and spent too little.
  B) Indian government officials opened the nation up to free international trade.
  C) India engaged in central economic planning.
  D) India has too small of a population to generate a highly specialized division of labor.



mjenn52

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

For a complete list of videos, visit our video library