Which of the following is true about economic development of a nation?
A) The purchasing power parity is a poor indicator of a people's total well-being.
B) GDP is a larger figure and includes a nation's income generated from exports, imports, and international operations.
C) Illegal activities such as gambling and black market transactions are considered in GDP and GNP.
D) Using gross product figures to compare production across countries accounts for different cost of living in each country.
Question 2
The reputation of a licensor will be jeopardized by a licensing agreement if the licensee ________.
A) markets competing products for significantly lower prices
B) uses the licensing asset to create products of poor quality
C) refuses to pay the agreed upon royalties to the licensor
D) does not guarantee future expansion in the market
Light-Gathering Power
In 1790, as now, the most densely populated part of the nation was the coastal r
Indicators of Economic Development
Wind Power
Tidal and wave power
Fruit Development