This topic contains a solution. Click here to go to the answer

Author Question: Fill in the blank for the following: GDP is the value of all ________ produced in a given period. ... (Read 66 times)

jace

  • Hero Member
  • *****
  • Posts: 541
Fill in the blank for the following: GDP is the value of all ________ produced in a given period.
 
  A) final and intermediate goods and services produced by the private sector only
  B) final goods and services
  C) final and intermediate goods and services, plus raw materials
  D) all of the above
  E) none of the above

Question 2

In addition to capital accumulation and technological progress, what are some of the other possible explanations for recent output growth in China?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

johnharpe

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

B

Answer to Question 2

There are several additional potential causes of economic growth in China. These are: (1 ) the transition from central planning to a market economy; (2 ) the encouragement of joint ventures with foreign firms; and (3 ) protection of property rights.




jace

  • Member
  • Posts: 541
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

For a complete list of videos, visit our video library