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Author Question: Gross Domestic Product (GDP) tends to overstate the amount of output produced by a nation's economy. ... (Read 76 times)

debasdf

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on: Jul 14, 2018
Gross Domestic Product (GDP) tends to overstate the amount of output produced by a nation's economy.
 
 Indicate whether the statement is true or false

Question 2

An unfavorable balance of trade occurs when
 A) exports are greater than imports.
  B) imports are greater than exports.
  C) the total outflow of money is greater than the total inflow of money.
  D) the total outflow of money is less than the total inflow of money.
  E) exports equal imports.


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gstein359

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Reply #1 on: Jul 14, 2018
Answer to Question 1

False

Answer to Question 2

B


debasdf

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Reply 2 on: Jul 14, 2018
Excellent

mcarey591

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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