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Author Question: The abbreviation GDP stands for A) Gross Domestic Prices. B) General Domestic Prices. C) Gross ... (Read 73 times)

appyboo

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on: Jun 30, 2018
The abbreviation GDP stands for
 
  A) Gross Domestic Prices.
  B) General Domestic Prices.
  C) Gross Domestic Product.
  D) Great Domestic Prices.
  E) Government's Domestic Politics.

Question 2

Which of the following variables is used to determine a country's economic growth?
 
  i. real GDP
  ii. wages
  iii. inflation
  A) ii and iii B) i, ii and iii C) i and ii only D) i only E) i and iii


ktidd

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


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