This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: GNP and GDP: a. Are quite different because GDP measures a nation's income, and GNP measures a ... (Read 79 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
on: Jun 30, 2018
GNP and GDP:
 a. Are quite different because GDP measures a nation's income, and GNP measures a nation's output.
  b. Both measure a nation's income and output.
  c. Are quite different, because GNP measures a nation's income and GDP measures a nation's output.
  d. Are both stock measures of a nation's output.
  e. Are both stock measures of a nation's income.

Question 2

Assuming GDP remains constant, which of the following will increase Country A's balance on goods and services?
 a. Reduced saving.
  b. Decreased taxes.
  c. Increased investment
  d. Reduced government spending.
  e. None of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tanna.moeller

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

.B

Answer to Question 2

.D


Capo

  • Member
  • Posts: 545
Reply 2 on: Jun 30, 2018
Excellent

deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Worldwide Variations in Population and Income Levels Worldwide Variations in Population and Income Levels
John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
As Florida Goes, So Goes The Nation As Florida Goes, So Goes The Nation
Using a gauge that measures vacuum in units of inches of water to test the vacuum at the dipstick ... Using a gauge that measures vacuum in units of inches of water to test the vacuum at the dipstick ...
Effect of an Exogenous Shift in Income Effect of an Exogenous Shift in Income
Video: Introduction to Pre-eclampsia

For a complete list of videos, visit our video library